On January 21, 2025, stock markets witnessed a major downturn. The Nifty 50 and BSE Sensex fell 1.37% to 23,024.65 and 1.6% to 75,838.36, respectively.
The market downturn was broad-based and touched every major sector. Declines were witnessed in the small and medium-cap stocks, dropping by almost 2.3%. Global investors have gotten increasingly worried, evidenced by over 6.7 billion dollars worth of Indian equities and bonds sold off by foreign portfolio investors during January.
On January 22, 2025, the markets opened with a modest recovery in the morning session. However, as the day progressed, the indices faced renewed selling pressure, eroding earlier gains. there was slight healing during the first half, but that did not hold off later in the day due to increased pressure for selling. Analysts caution as they note this increase in fluctuation due to increased tensions in global trades. Investors are advised to monitor developments closely, as the market’s ability to maintain stability by the evening remains uncertain.
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