Dear .
Has the length of the recent market decline surprised you? I think the depth or the lack of it in Nifty is a bigger surprise. But rotation between sectors and stocks has become the new normal among investors for some wild reason. A new form of distribution? I did see a glimse of that in 2018-2020. So is this time different? I hope
so but it never is. So as markets run into the first relief rally of the bear market its time to think again. Was this only a correction or there is something else lurking in the shadows. I have some clues to share