Benchmark indices have fallen over 10 percent from their peak, retail investors have started feeling pangs of the market correction. This is enough to dissuade scores of retail investors from continuing to invest. Nifty has fallen over 10 per cent from its record high of 26,277, while the Sensex slid over 8,500 points from its peak.
It is yet not a bear market which is defined by a fall of 20 percent, retail investor portfolios are already witnessing signs of significant distress.
