Neither have conventional sectors been spared. And those who invested recently at phenomenally high levels have sworn never to dabble in equity again. But of course, we know how long such resolutions last. If yes, sooner or later the price should reach that value, so it's a good buy. However, it is possible to pay too much for a good share as well.
Some stocks are now undervalued and offer great scope for appreciation.
Others may still be overvalued, and have a high risk of further depreciation. Now is the time you could make money. Or lose it. A drop in prices does not mean that anything fundamental to the company has changed. The financial position and the future projections for most of these companies are as robust as before.