 "market, stock market, share market")
The Indian market has entered a ‘correction’ zone for the first time in 15 months. A 10 per cent drop from its recent high is termed as a correction.
On Friday, the benchmark BSE Sensex closed at 32,596, down 3,686 points, or 10.2 per cent, from its all-time closing high of 36,283 reached on January 29. The Nifty50 index has come off 1,131.95 points, or 10.2 per cent, to 9,998 during the period.
The latest correction has been due to fears of a global trade war after US President Donald Trump slapped import tariffs on China.
The fall in the
