Market will see some more time and price correction: Jyotivardhan Jaipuria

Jyotivardhan Jaipuria, Founder & MD, Veda Investment Managers said the fall we have seen so far has been a minor blip.

The market will see some more time and price correction, he feels.

In an interview to CNBC-TV18, he said most bull markets saw 5-10 percent corrections and recent correction might end up being in the 7-8 percent range.

The market corrected more than 4 percent from its highs recently, followed by recovery for the second consecutive session today.