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🩸 BLOODBATH IN THE INDIAN STOCK MARKET
Indian equities witnessed a sharp selloff today, wiping out over ₹5 trillion in market value. As a result, India slipped to 7th place globally in total market capitalization.
The steep decline reflects widespread risk-off sentiment, with investors booking profits and reacting to broader global market uncertainty. Heavy selling pressure across major sectors contributed to the overall market cap erosion.
Despite the sharp fall, market rankings can shift frequently based on short-term volatility. What matters now is whether buying interest returns at lower levels or if selling pressure continues in the coming sessions.
#Rmj-Trades