Nifty Was Made Free Float MCap Based Index Sometime In 2009, Since Then It Has Become LopSided Index. IMO It Doesn't Reflect Mkt Realities
If You Take Nifty 50 Constituents, Median Return In Same Period is -14% & Average Return -7%
Better Parameter Is Too Take Median Returns of All NSE Stocks
It's Currently At -48%, Was -54% In 2001 & -72% In 2008 Bear Mkt
In My Opinion This Bear Mkt Won't End with 40-50% Correction On Nifty As people Are Talking
We Are At Fag End Of Bear Mkt IMO
Time Shall Answer Lot Of Questions!!