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Over 80% of BSE stocks slide after the historic high, shows data

The Sensex, too, has fallen by 6 per cent, ending Thursday's session at 46,874.36

BSE, sensex, market, shares, stocks, trading, brokers, investment, investors, growth, results, Q, earnings
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While the decline in the broad-market indices has been slightly lower, very few stocks have been spared in the latest meltdown

Sundar Sethuraman Thiruvananthapuram
Just over a week after the benchmark BSE Sensex touched the historic 50,000-mark on January 20, as many as 416 or over 80 per cent of stocks in the BSE500 universe have declined an average 5.4 per cent and a tenth have declined over 10 per cent in just five trading sessions.

The Sensex, too, has fallen by 6 per cent, ending Thursday’s session at 46,874.36. While the decline in the broad-market indices has been slightly lower, very few stocks have been spared in the latest meltdown.

Experts believe the market got overheated and was ripe for a correction. Between November 1

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First Published: Jan 29 2021 | 12:28 AM IST

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