*Fall in markets – Historical trends suggest bottoms are near* 🔸Since 2006, the average fall in Nifty 50, Nifty Midcap 100 and nifty Smallcap 100 is similar to the tune of 27% - 30% barring 2008 and 2020. The duration of the fall is also similar at around 7 - 8 months. (The larger bull/bear market fall however may be higher in midcap/smallcap but the rally post he fall is also higher). 🔸Currently we are in the 6th month of the market wide-fall. 🔸Historically, since 2006 the average fall in the Nifty Midcap 100 and Nifty Smallcap 100 has been around 27% and 29% respectively barring 2008 and 2020 period. Currently, with midcap and smallcap already corrected by around 20% and 24% respectively, the risk-reward is favourable for midcap/smallcaps as downside looks limited. 🔸The fall in the Nifty 50 however has been only to the tune of around 14% which is normal bull market correction (Average fall in Nifty 50 is 27%). However, the correction in the midcap/smallcap is approaching the average fall which is generally visible in bear markets. 🔸Counterintuitively and as against general market perception, the fall in midcap and smallcap looks limited as compared to Nifty 50.