Every second Nifty stock in firm bear grip, falling up to 42% from peaks. How long before the index buckles?

Despite more than half of Nifty stocks being in bearish phases, the index is only down 16% due to the weightage of few major stocks like RIL, HDFC Bank, and TCS. Factors contributing to the decline include stretched valuations, underwhelming earnings, and persistent foreign investor selling. Despite more than half of Nifty stocks being in bearish phases, the index is only down 16% due to the weightage of few major stocks like RIL, HDFC Bank, and TCS. Factors contributing to the decline include stretched valuations, underwhelming earnings, and persistent foreign investor selling.  Economic Times