A falling market inevitably churns many losers. Ours has too. With the Sensex off around 10 per cent from its high, around 62 per cent of the BSE universe was in decline last month. Some 10 per cent are at their lowest in a year. But declines like these that are less about fundamental problems and more about market fear are a delight—for investors who love figuring out what could go right for the market's biggest losers.
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