Okay guys, time for some #CommunityDiscussion!
The market is seeing a sharp decline today, with Sensex and Nifty slipping over 1%, largely driven by heavy losses in banking and IT stocks, due to uncertainty ahead of India’s GDP data and renewed concerns over U.S. tariffs following President Trump’s latest comments.
Market highlights so far:
- Sensex & Nifty Down: Market cap of all BSE-listed companies fell by ₹5.8 lakh crore.
- All Sectors in Red: Nifty IT and auto index down nearly 3%.
- Global Selloff Continues: Major indices across Asia and Europe also trading lower.
What’s driving the fall?
- Caution ahead of India’s GDP release
- Market uncertainty over Trump’s tariff stance
- IT stocks under pressure
- Rising dollar index
- Continued FII selling pressure
Global markets in red today:
Japan’s Topix: -2.2%
Australia’s S&P/ASX 200: -1.3%
Hong Kong’s Hang Seng: -2.5%
Euro Stoxx 50 futures: -1.2%
How are you handling today’s market?
With volatility gripping the markets, how are you approaching your trades? Are you sitting tight, buying the dip, or making adjustments to your portfolio? Let us know your thoughts below! 