 "bse, sensex, stock market")
The market breadth — the ratio for total number of stocks rising to total number of stocks falling — this year is the worst in six years, amid sluggish economic growth and disappointing corporate earnings.
In the first eight months of 2019, 70 per cent stocks in the BSE 500 universe were down. Stocks in the BSE 500 universe account for 94 per cent of India’s total market capitalisation.
Stocks had fallen the most in the first eight months of a calendar in 2013, when the US Federal Reserve had announced tapering of the bond-buying programme.
The weak market breadth
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