https://www.youtube.com/watch?v=ax5EknjnAS4
Indian markets witnessed a sudden and sharp sell-off, with the Nifty trading around 25,199. The downturn was led by the IT sector, which plunged about 3%, alongside selling pressure in pharma, auto, FMCG, and banking. The broader markets also declined, with the small-cap index losing over a percent. The India VIX, a measure of market fear, surged by 6%, indicating rising uncertainty among investors. An expert analysis points to a combination of factors, including extensive profit booking after recent gains and the sentiment impact of the H-1B visa fee hike. It was also noted that the positive effects of the GST cut were largely priced in and that “valuations are a bit stretched,” contributing to the selling pressure. #marketupdate #stockmarket #nifty #itwebvideos #selloff #itstocks #indiavix #profitbooking #h1bvisa #gst #investing #trading #dalalstreet #businessnews #marketcrash #indianmarkets
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