India, March 28 -- The markets right now aren't giving any hope to investors. Selling pressure has become widespread, and volatility in the indices is keeping sentiment on edge. There always seems to be another negative trigger - whether it's the US Federal Reserve holding rates steady, rising crude oil prices, a sell-off in HDFC Bank due to the resignation of the Chairman, or simply weak global cues - adding to the downside.
The situation intensified on Thursday, 19th March, when a combination of these headwinds created a sharp market downturn, wiping more than Rs. 13 lakh crore in investor wealth. The Nifty 50 plunged 775.65 points, marking its steepest single-day fall in nearly a year, while the BSE Sensex dropped more than 2,500 poi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.