A classic bubble burst....Market is so overvalued and it just burst
The People's Bank of China has cut interest rates to a record low, brokerages have committed to buy billions worth of stocks, and regulators have announced a de facto suspension of new share listings. - CNN
Now to CSE ---- Are we feeling the impact of this crash - maybe
But we are not crashing...this is a correction
In Dec - Jan we reached nearly 7,600 and dropped to 6800 in March- April 2015, and again reached 7300 in May 2015 and we may stop around 6700 to 6600 level (maybe)
So don't panic