GIFT Nifty drops 555 points ahead of market opening
pre-market1 source ↓written by the desknot a recommendation
- GIFT Nifty trades
- 555 points lower
- before the opening
- 23,244.5
- to reach
- 23,618
- to reach
- 24,000–24,300
India's market faces a risk-off sentiment as GIFT Nifty trades 555 points lower at 23,244.5 before the opening bell on 19 Mar. This signals a deep gap-down start for Dalal Street following a strong previous session. The downturn is driven by weakened global risk appetite, rising oil prices, and a sharp decline in Wall Street and Asian equities. Traders are now reassessing the bullish path for Nifty, which had aimed to sustain above 23,618 to reach 24,000–24,300.
Not investment advice. For informational purposes only.