Before the month of July started, there was this Whatsapp forward that was doing the rounds showing how the high of July was significantly high compared to low of June. While this is not really a way to look at markets, I don’t think anyone thought that July will turn out the way it turned out finally.
This was the worst month for most of the broad indices since September 2018. The sell-off we saw was across the board with every sector and thematic index too ending in the red. 90% of stocks closed in negative territory.
For . . .