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by kshatrea 3878 days ago
Looking at India, this can be conflated with a global level ending of the dizzying ride. [0] gives a good overview of this. In short, the free lunch is now over and people are asking for results. I am sure it has a lot to do also at an economic level with the Fed now talking of tightening- that means interest rates are headed higher and there is more aversion to risk. I am not an economist, so others might have different opinions.

[0] https://goo.gl/9MfjBa