It's still early to call it a crash. The indices are expected to rebound slightly sometime soon, but this appears to be a long-term correction cycle. It may continue for two years.

This is a mistake and a sort of political gamble more than being a wise move.

Yes, there was an improvement earlier this month and things seemed flat.

I think the market is witnessing a snowball effect with many investors, who are basically speculating, preferring to sell rather than hold on to their stocks.