Market watch: Stock market undergoes correction Benchmark KSE-100 index drops 64.36 points to close at 48,126.90 KARACHI: The three-day winning streak at the Pakistan Stock Exchange (PSX) came to an end on Wednesday with a slight drop of over 60 points in the benchmark KSE-100 index amid a lack of positive triggers. The index displayed volatility and moved between intra-day high and low of 95 and 231 points respectively. Absence of positive cues kept investors cautious throughout the trading session. Profit-booking was noted in cement, exploration and production and fertiliser sectors. Earlier, taking cue from Tuesday’s performance, stock trading began on a bullish note, but bears soon took over and dominated market proceedings throughout the session.