Market correction healthy, unwinding excesses: Nilesh Shah
- Market correction is an unwinding of excesses, not due to stress tests says Nilesh Shah of Kotak MF
- Smallcap and midcap indices saw biggest fall in 2023, down nearly 5%
- Shah said 2023 returns were phenomenal for the market
- More correction could occur in microcaps and SME stocks
- If Nifty closes below 22,100, it signals the topping process is complete per Rohit Srivastava of Indiachart.com