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Lakshya Chaudhary posted an update
Nifty 50 is down over 1% today, it’s really concerning. Has anyone else noticed the sharp decline in IT stocks like Wipro, Nifty IT is down by 1.23% which is quite alarming. What do you think is causing this sudden drop, is it just a market correction or something more, genuinely asking for your thoughts on this?
Chirag Luthra, Lakshya Chaudhary and 5 others1 Comment-
Nifty 50’s decline is def concerning, but lets not forget its still above 23k, teh overall trend is still bullish imo. Wipro and other IT stocks are taking a hit, Nifty IT’s 1.23% drop is pretty sharp, maybe its bcoz of teh rebound in US chip stocks like Marvell Tech, which is up 8% today, thats jsut my guess tho.
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