However, the current episode appears broader in scope, with several investors witnessing simultaneous double-digit declines. “After strong gains in the broader market over the past few years, Indian equities are undergoing a phase of correction. High-beta sectors, especially in the mid- and small-cap space, have seen sharp cuts of 15–20% from recent highs,” said Kunal Dalal, chief investment officer at Coheron Wealth.
War-led correction dents marquee investors’ portfolios as markets slide
