The Indian stock markets have been going through times of heightened volatility since quite some time now and the benchmarks have corrected over 10 per cent since the start of this year and over 17 per cent from the record highs touched in October. The sharp fall in Thursday’s session came after world markets were rattled by the US Federal Reserve’s 75 basis points rate hike, the steepest hike since 1994, to control the inflation which has spiraled to new 40 year high in May. The sharp fall in markets have raised worries among market participants that India may enter the bear market territory.