The Indian stock market has recently experienced a significant correction, with the Nifty falling by around 10%. Many factors are attributed to this fall, including high valuations, foreign institutional investors (FII) selling, a weakening rupee, and global economic uncertainties. Some users blame the Indian Finance Minister, Nirmala Sitharaman, for the market fall due to taxing policies, while others argue that the market was overvalued and a correction was inevitable. The post also mentions that a further 10% fall could lead the market into bear territory.
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