There is an interesting concept called the ‘graveyard market’ that is popular among the observers of global equity markets. It is that phase of the market, usually a prolonged bear run, where investors cannot make their mind to sell their holdings at huge losses and those who are not yet invested do not wish to invest given a gloomy future. In a way, the current market resembles a graveyard; those inside cannot go out, while outsiders don’t want to get in...
Courtesy: ET
