Sensex ends 118 points down; time to buy into fear?

After falling over 700 points in the previous session, the S&P BSE Sensex extended its fall and closed 118 points lower on Thursday. Notably, the index has lost over 11% or 3,300 points from its life-time high of 30,024.74 in early March this year.

The BSE Sensex fell for the third straight session, closing at its lowest level in near 6-1/2 months on continued selling by foreign investors. The Sensex closed at its lowest level since October 21, 2014, while the NSE index finished at ..

The S&P BSE Sensex closed down 0.44 per cent at 26,599.11, while the broader Nifty fell 0.49 per cent to 8,057.30.

Well, experts across Dalal Street are of the view that the benchmark indices can correct anywhere between 4 and 5 per cent before finding a bottom, and this weakness should be used by traders to go short on the market.

Well, at a time when the Indian markets are falling as if there is no tomorrow, investors should not  ..

Warren Buffett once said, "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

Well, now is the time. The Indian markets are trading below their peak valuation and most of the quality stocks have corrected quite a bit from their record highs.

The short-term weakness in the stock market is likely to remain, but that should not deter investors from picking stocks on every decline, say experts. The benchmark index could fall by ano ..

"The weakness in the market could continue for some more time with the possibility of the Sensex correcting by another 500-700 points, considering the absence of immediate positive triggers," says Hitesh Agarwal, Head Research at Reliance Securities.

"Nonetheless, the ongoing correction provides an opportunity for investors to accumulate stocks of companies whose business models are well-geared to face the macro challenges and dish out respectable growth," he adds.

Agarwal is of the view that this is not the time to panic, especially if the stocks in your portfolio are of good pedigree.

One of the most important factors troubling the markets is the muted earnings growth showed by India Inc for the quarter ended March 31. But analysts expect earnings growth to bounce back from 2016.