Global market CRASH at such pace - 4-5 %, will 2008 story going to be repeated?

DOW, HANG SENG tumbled above 4 %

no sir. these falls are just to kickstart a great year.

Sir, INDEX falling at such rate - UNDERGARMENTS v nahi bachega stocks me.

Looks like the great fall is just starting… Nifty PE had reached 28+ levels, and the other two times when NIfty PE had reached this high was during Sub prime crisis and Dot com bubble. I came across this article which depicts this in a graph. This article actually talks about the importance of portfolio hedging in the face of a overvalued situation.

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