No fundamental reason explaining market fall: Deven Choksey

With the bearish sentiment prevailing in the market, market expert Deven Choksey said that this fall is “technical in nature” and has kept people on the sidelines.Speaking to CNBC-TV18, Choksey said, “No one can attribute any fundamental reason to this particular fall and I would think that the market is largely behaving under a nervous sentiment.”Jagdish Malkani, Member of NSE said that it is a “falling knife” situation because of global markets and sectors like oil and PSU banks, which are not favoured by investors are being bludgeoned the most.Watch video for more.