
While India's benchmark indices like Sensex and Nifty have corrected about 6-7% from record highs, nearly 80% of stocks with market capitalisation above Rs 1,000 crore are in bear market territory, having fallen over 20-30%. This divergence reflects a narrow set of large-cap stocks supporting indices amid broader market weakness. Despite this, many companies show resilient fundamentals, with improved profit growth and lower debt levels. Recent geopolitical tensions and rising crude prices add volatility, prompting cautious investor sentiment.
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