Indian Markets Face Sell-Off as IT Sector Slump and Rising Oil Prices Weigh on Indices
The Indian stock market experienced a sharp downturn this week, with the benchmark SENSEX plunging over 600 points while the NIFTY50 opened at 23,415, as investors reacted to a combination of weak performance in the information technology sector and mounting geopolitical tensions impacting global oil prices. Context of the Market Correction This decline follows a…
