Considering economy and annual growth current level of market is good. This crash is nothing to do with correction this happened only because of wrong statement at wrong time. Still we belive in carrot and stick rule whereas western has forget this rule accepted other ways. It should be slowly but safer if sebi would have ask fii's to provide identity of investors of whom's money they are investing in market. When money started flowing in RBI raises issue but that time SEBI and FM were sleeping and now all of the sudden they wake up and make statement. For crash don't blame
FII's the real culprits are Damodaran and FM. I am not writing this after reading somaiya's interview the fact I have written.