By definition, every downturn starts from a peak in the business cycle when activity is strong. The rapid shift from strong and rising economic activity into a contraction is what makes turning points hard to predict.
F&O Talk| Nifty faces reversal signals and weaker breadth, key support at 24,500-24,400: Sudeep Shah of SBI Securities
The 50 component index Nifty 50 as well Sensex closed nearly 1.2% lower today. The former closed 293 points lower at 24,852 while the latter