Will Sensex fall another 1,500pts this week, Nifty test 22,500?

Will Sensex fall another 1,500pts this week, Nifty test 22,500?

The BSE Sensex and the NSE Nifty 50 snapped its two-week winning streak and finished significantly lower last week on the Donald Trump imposed tariffs, and threatened of equal reciprocal tariffs to all other countries, including India. That apart, unabated selling by foreign institutional investors (FIIs) weighs on the market sentiment. 

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Nifty below 26,000 level; realty shares slides; VIX jumps 5.87%

The domestic equity benchmarks traded with major losses in morning trade amid escalating tensions in the Middle East. Israels ongoing attacks on Lebanon have heightened geopolitical uncertainty. The Nifty traded below the 26,000 level. Realty shares extended losses for the two consecutive trading sessions.
Investors are also eyeing a busy week of US economic data, culminating in the November jobs report, which could heavilty influence the Feds decision on interest rate cuts.

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