India markets decline as valuation fears prompt selective buying
pre-market1 source ↓written by the desknot a recommendation
- 0.85
- 714.48 points
- 0.85
- 83,020
- falling
- 222 points
- 25,597
- from the total
- ₹3 lakh crore
Indian equities faced a significant downturn on Thursday, with the BSE Sensex dropping 714.48 points (0.85%) to 83,020 and the NSE Nifty falling 222 points to 25,597. This decline wiped out over ₹3 lakh crore from the total market capitalization, now at ₹468.46 lakh crore.
Despite the broad-based selling, institutional investors are selectively buying, indicating confidence in fundamentally strong companies and defensive sectors. 📉
Not investment advice. For informational purposes only.