The Sensex shed 900 points today, the second highest fall in the history of the sensex. This bloodbath will certainly have its repurcussions for a while, and retail investors will keep away from the equity market till their confidence is restored.

The experts think the Sensex is bloated and any fall is only going to be magnified. If you are a long term investor, this may just be an unfortunate blot, but if you are short term investor, the time isn’t quite right.