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Markets

Bear Market

A period in which prices are generally falling and pessimism dominates, often defined as a decline of 20% or more from recent highs.

A bear market is the opposite of a bull market — the broad trend is downward, and fear tends to drive selling. The name evokes a bear swiping its paw downward.

Bear markets are uncomfortable but are a normal part of market cycles. For long-term investors using a SIP, falling prices mean buying units more cheaply.

Key points

  • Sustained falling prices and pessimism.
  • Often defined as a 20%+ drop from highs.
  • A normal part of market cycles.