Sensex, Nifty remains volatile: Where should investors put their money? Experts decode portfolio allocation
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Indian stock market traded lower on Wednesday as selling pressure returned.
- ✓Sensex fell over 100 points, while Nifty slipped below 22,650.
- ✓Experts suggest investors focus on domestic themes to stay safe.
Story at a Glance
- Category
- MARKET
- Reported By
- Livemint
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The Indian stock market took a sharp U-turn to trade lower on Wednesday, with the Sensex and Nifty slipping as selling pressure resumed following a brief recovery. The decline came despite gains in select sectors and continued selling by foreign investors.
During the intraday session, Sensex fell more than 100 points, while the Nifty slipped below the 22,650 mark. Sectoral weakness was pronounced in healthcare and pharmaceutical stocks, which came under heavy selling pressure and weighed on the broader market sentiment.
However, both indices had opened higher on September 30 after witnessing a sell-off in the previous two sessions. In early trade, the Nifty 50 gained 0.2% to 22,762, while the BSE Sensex rose 0.46% to 72,877.11. The gains, however, failed to sustain as selling pressure emerged later in the session, dragging both benchmarks into negative territory.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Livemint
Read the full, original unfiltered story directly on the publisher's portal.