Geopolitical Tensions Drag Market: Biggest Fall in 10 Months

Geopolitical Tensions Drag Market – Indian Equity Market: Biggest Fall in 10 Months.

Move as on 14/02/2022-

• ⦁ Sensex Down by 3%.
• ⦁ Nifty Down by 3%.
• ⦁ Bank Nifty down by 4%.
• ⦁ Midcap Index down by 4%.

• ⦁ Market turns negative for 2022 with the Biggest Fall in 10 Months (Since Apr 2021).
• ⦁ Broader Markets Confirm a correction, mid-cap down 14% & Nifty Bank 11% from life highs.
• ⦁ Sensex and Nifty are down over 9% from record highs hit in Oct 2021.
• ⦁ BSE Cos Erase Market Cap of Nearly 9 Lakh Crore today & Erased Market Cap Gained in Last Three Months.
• ⦁ Market Breadth Firmly in favour of Declines, Advance Decline Ratio at 1:10