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Sensex slips over 1,000 points in 2 sessions: What investors should do now

Sensex / Nifty could at best rise 5% to 10% in the whole of 2018

Markets, Stocks, BSE, NSE, SENSEX
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Photo: Shutterstock.com

G.Chokkalingam
Sensex and Nifty fell sharply on Monday extending Friday's losses, amid a selloff in global markets. Asian markets also traded lower amid speculation that global central banks might be forced to tighten policy more aggressively. At day's low, the Sensex fell nearly 550 points to 34,520 while the Nifty slumped below 10,600. This author discusses what investors should do right now. 

Last Friday, the combined market cap of all BSE-listed companies fell by Rs 4.6 trillion to Rs 148.54 trillion from Rs 153.1 trillion on Thursday. In a matter of just eight trading days, the market cap of BSE