The stock market is once again feeling the heat, as major Indian indices continued their downward trend early this morning. Investors are grappling with persistent weak global cues and sustained selling pressure from Foreign Institutional Investors (FIIs), leading to a challenging start to the trading day.
As of 9:30 AM, the benchmark Sensex had shed a significant 275 points, or 0.33%, settling at 82,971. The broader Nifty 50 wasn’t spared either, witnessing a decline of 91 points, or 0.36%, to trade at 25,494.
This ongoing decline highlights the cautious sentiment prevailing in the market, with external factors and FII activity playing a crucial role in shaping investor decisions. Market participants will be closely watching for any signs of reversal or further developments throughout the day.
Source: Original Article
