Nifty 500 stocks drop up to 70% from 52-week highs
Stocks within India's Nifty 500 index have fallen by as much as 70% from their 52-week peaks, indicating a prolonged bear market grip on the domestic equity landscape for over two years. The benchmark Nifty is down 18% from its 52-week high.
New Delhi, Oct. 2 -- The domestic market has been in a strong bear grip for over two years now, with stocks in the Nifty 500 index falling up to about 70% from their 52-week highs. 5% from its…