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Market fall nothing but fear psychosis at play: Dharmesh Kant

Given this scenario, the market correction is unprecedented as data points did not suggest this kind of mayhem

Dharmesh Kant, IndiaNivesh
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Dharmesh Kant, Head of Retail Research, IndiaNivesh Securities

Dharmesh Kant
I have no idea why such kind of selling is happening. There is aggressive selling because they know something which we don't. As regards coronavirus (COVID-19), I don't know why the World Health Organisation (WHO) took so long to declare this health scare a pandemic. And being pandemic doesn't change things. That said, the mortality rate outside China is almost negligible. The fatality rate due to this virus is nowhere compared to what happened earlier – during SARS, swine flu. 

Given this scenario, the market correction is unprecedented as data points did not suggest this kind of mayhem. The anticipation

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