I think it’s a combination of both, with global situation continuing to remain uncertain and volatile the domestic data has also started to lose momentum gradually as higher rates transmission happens whilst inflation remains sticky.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII