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The benchmark indian stock indices like Bombay Stocks exchange's 30 component SENSEXand national stock exchanges has fallen steepest in january 2011 in last two years, thus showing the volatility in markets.
This correction in Indian Stock markets was long awaited as earlier the stock markets were overpriced. In a normal circumstance when the Dow Jones Industrial Average is at 14K leveles then only indian stock indices like SENSEX should be at 21k levels.
The 30 component SENSEX has already fell 10.6 percent in this month, making it biggest monthly fall in 2 years. SENSEX finally down by 68.2 points to close at 18,327.76 today. whereas the broader index Nifty closed down by 0.1 percent at 5,505.90 points today.
