Stock traders seek havens to hedge uncertain markets

March 1, 2025

Wall Street’s momentum trade driven by tech, communications, and consumer discretionary sectors is faltering due to concerns over shrinking growth and trade uncertainties. Safe havens like health care and consumer staples are now leading the market as investors pivot defensively amidst the rising economic volatility.

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Sensex falls 183 points, Nifty closes below 24,250 as market erases all morning gains. What lies ahead?

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