Looking at today’s MMI it seems pretty clear that even if the market does correct it probably won’t be a major drop we might just see a small dip enough to bring valuations to a reasonable level and then the market could bounce back Yesterday the MMI was at 64 and today it’s down to 61 even though the Nifty 50 and Nifty 500 stayed mostly flat. So despite the indices not moving much we are seeing a decent dip in the MMI.
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