The equity market freefall continued for a second day. Markets started the week on a weaker note and shed over 2.18 per cent in continuation to the prevailing corrective phase. Taking cues from global peers, Indian markets were in freefall right from the start of the trading for the day. In the first one-hour of trading, Nifty took a fall of over 230 points and Sensex, 750 points.바카라 웹사이트
Experts believe that the major reason for this sharp fall is rising COVID cases globally due to the new variant. “Markets reacted to the news of a sharp jump in COVID cases globally, which may result in a lockdown” says바카라 웹사이트Ajit바카라 웹사이트Mishra, VP-Research, Religare Broking Ltd. Though the situation is under control domestically at present, any impact on the global economic recovery would dent India라이브 바카라 prospects too. Apart from that, the continuous outflow of foreign funds is also weighing on sentiment, adds Mishra.바카라 웹사이트
The Indian equity market has been witnessing higher volatility since November due to selling pressure from foreign portfolio investors. Indian equity markets are one of best performing equity markets among emerging markets. Higher growth in Indian markets has created imbalances in the MSCI Emerging Market index allocation. Experts consider this also to be one of the reasons behind the market volatility. “While other emerging markets were falling, India continued to outperform to such an extent that our weight in the MSCI Emerging Market index moved from 8 per cent to 12 per cent. This prompted some바카라 웹사이트foreign바카라 웹사이트portfolio바카라 웹사이트investors (FPIs)바카라 웹사이트to바카라 웹사이트book바카라 웹사이트profits,” says Nilesh Shah, Managing Director, Kotak Mutual Fund.바카라 웹사이트
Reducing Liquidity바카라 웹사이트바카라 웹사이트
Major central banks across the globe have started policy tightening and liquidity reduction to curb rising inflation. Easy liquidity from the market is going away. The Bank of England hiked rates last week despite a pandemic-high Omicron related infection number, while the US Fed remained dovish. Moreover, experts believe that the Reserve Bank of India will also hike interest rates earlier than anticipated. All these factors have contributed to the continuous and massive market sell-off.바카라 웹사이트
Sector-wide Fall바카라 웹사이트
Today라이브 바카라 market saw selling pressure from all the segments. All sectors traded in line with the broader indices and ended in red, wherein PSU, realty, media and metal were the top losers. NSE Realty index fell over 4.90 per cent while Nifty Bank index fell by over 3.30 per cent. Nifty Midcap 100 and Smallcap 100 indices also felt the heat of the selling pressure, which led to a slide of 3.68 per cent and over 4 per cent, respectively. Among the 50 shares of Nifty 50 index, 47 closed in the red while three managed to close in green.바카라 웹사이트
The benchmark remained under pressure in the first half as noticeable selling was witnessed across the board. However, rebound in the select index majors pared some losses in the latter half. Finally, Nifty settled around 16,614 levels; down by 2.18%.바카라 웹사이트바카라 웹사이트
