Bears are in the fray and sparing none, not even Indian market. Experts feel that the downtrend is likely to continue for some more time. On the fear of another downgrade post the US, markets across countries are facing severe selling pressure.
Investment expert Marc Faber thinks that the bear market in global equities started a year ago. Currently, momentum is very strong on short side, he adds. Faber is worried that the US could see lower corporate earnings, geo-political problems and more debt problems in Europe.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
