The markets are in red today with the Sensex falling 700 pts and Nifty going below 23,550. The BSE m-cap declined 3.33 lakh crore to Rs 4,38,41,831 crore against Rs 4,41,75,150 crore on Tuesday. What do you think is the biggest factor currently affecting the market sentiment?
- Slowing GDP growth projections in India
- Strong U.S. economic data reducing Fed rate cut expectations
- Jitters around the upcoming Q3 earnings season
- Continued selling pressure from FIIs
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