The equity markets are completely under a bear grip. In this calendar year so far, the broader indices the Sensex and the Nifty lost 38% and 34% respectively. The realty index remained a major loser among all the indices; it was down 65%. The BSE small cap, bank, power and consumer durable indices lost over 50%. However, healthcare, FMCG and IT were the least hit in this free fall.

This dismal performance was due to the whopping double-digit inflation, the quick rally of crude, the political concern about the Nuclear Deal, the rupee depreciation, the fiscal deficit and the drastic slow down of the Industrial Production (IIP) numbers .

Year to date (YTD) Indices returns