Stock market today: Nifty 50, Sensex fall 1.5% each; mid, smallcaps bleed; investors lose over ₹8 lakh crore in a day

Stock market today: Nifty 50, Sensex fall 1.5% each; mid, smallcaps bleed; investors lose over ₹8 lakh crore in a day

Recent market sentiment has been fragile, largely influenced by underwhelming December quarter earnings. With waning optimism regarding potential rate cuts in the US, investors are booking profits amidst growing geopolitical tensions and heightened economic uncertainty in major global economies, including the US, China and Europe. “Selling by FIIs due to reasons like high valuation and …

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