The Indian stock market continued its downward trajectory as Sensex and Nifty fell again on Wednesday. Following Tuesday’s sharp losses, investor sentiment remains cautious, highlighting ongoing market volatility and uncertainty in domestic equities.
Indian Stock Market Sees Continuous Downtrend
New Delhi: The domestic stock market continued its decline on Wednesday, reflecting cautious investor sentiment and ongoing market volatility. Both the BSE Sensex and NSE Nifty 50 ended the day in the red, following a major fall on Tuesday.
The BSE Sensex fell by 270.84 points, a 0.33% decline, closing at 81,909.63 points. Despite minor recoveries during the day, the index could not regain momentum as investor caution prevailed.
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Similarly, the NSE Nifty 50 dropped 75 points, or 0.30%, ending at 25,157.50 points. Key sectoral indices contributed to the overall downward trend, as traders remained wary of global and domestic market cues.
Indian Markets Sink Under Global and Currency Pressure on Tuesday
Tuesday had witnessed a significant market crash, with Sensex plummeting 1,065.71 points (1.28%) to close at 82,180.47, and Nifty falling 353 points (1.38%), ending at 25,232.50. The sharp fall was driven by negative investor sentiment and profit-booking after recent gains.
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The ongoing volatility indicates cautious investor behavior, with market participants closely monitoring both domestic economic indicators and global developments. Analysts suggest that short-term corrections may continue until clarity emerges.
