"On 20th July, we had the peak of the market, Nifty just fell short of touching 20,000 and came back from there. In the last 20 days, we have been in a correction to a flat movement of the market. In fact, if we expand this horizon slightly longer, October 2021 is when we were at 18,500 on Nifty and today at around 19,500. That is hardly 6-7% move in more than 20 months.So that is the position. It is reflecting a consolidation that has been happening."