Indian Stock MarketIndian Stock Market Crashes Amid HMPV Concerns: Key Highlights and Outlook

Indian Stock Market Crashes Amid HMPV Concerns: Key Highlights and Outlook

The Indian Stock Market experienced a sharp sell-off on January 6, 2025, with both the Sensex and Nifty shedding 1.5%, marking a rough start to the week. Concerns over the spread of Human Metapneumovirus (HMPV) significantly impacted investor sentiment, triggering a broad-based sell-off across sectors. Market Performance: Bloodbath on D-Street Indices at Close: The Nifty…

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Indian Stock Market Plunges: Sensex Drops 4,000 Points, Nifty Below 200-Day Moving Average

Indian Stock Market Plunges: Sensex Drops 4,000 Points, Nifty Below 200-Day Moving Average

Introduction: A Turbulent Week for Indian Markets The Indian stock market faced a significant downturn this week, with the Sensex plunging over 4,000 points and the Nifty 50 slipping below its crucial 200-day exponential moving average (DEMA) of 23,700. On Friday, December 20, 2024, the Sensex opened at 79,335.48 but dropped over 1,200 points to hit a low of 77,972.68, while the Nifty 50 fell nearly 400 points to 23,565. With heavyweights such…

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