India's Two-Year Time Correction: Why the Next Leg of the Market Could Be Different

PNN New Delhi [India], August 25: There was no crash. That, more than anything, is why this market gets so little credit for what it has come through. For the better part of two years the Nifty simply moved sideways, and it is easy to forget that Indian shares spent that time absorbing one blow after another, with almost every major economic factor turning against them at the same time.