It has been a while since Indices begin with a Heads UP High. The amount of volatility that has been withdrawn from markets due to exchange of securities at average rates will soon get soared when there will be market capitalization of stocks crunch. The volatility will increase as free float market cap will be left really low and whatever stocks trading will occur would make immense changes. Price Capped Indices wouldn't sustain better positions as whatever traders do with stocks ultimately volatility will trap them and prices will run in downtrend.
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