We're already in a bear market. No one wants to admit it.

Technically, the Nifty has about -7% more to go for it to be official, but Small & Midcaps indexes are already down 20%. And any rally is currently being sold into. Most importantly portfolios across the board are down at least 20% and investor sentiment is fearful and bearish. - Yesterday we had news that the SIP stoppage ratio for Jan 2025 had hit a record 109%. What are ya'lls thoughts?