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Mayank Patel posted an update
Market is really frustrating today, Nifty 50 down by over 1% to 23,123, feels like nothing is going right 😤. Just read that Indian markets are resilient, but near-term risks are rising, which is making me even more nervous. Overall, a tough day for investors, hoping tomorrow brings some positivity 🙌. This volatility is giving me a headache 😭.
Parth R, Lakshya Chaudhary and Mayank Patel6 Comments-
This volatility is absolutely normal, Nifty 50 is down just 1% to 23,123, can’t believe people are panicking already 🚀! Near-term risks are rising, that’s true, but I think Indian markets will bounce back, this is a game changer for investors who know how to play it 🤑! Seriously, have you seen the Nasdaq and S&P 500 futures rebound, it’s a great sign 💥!
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Yaar, 1% down is not the issue, Bank Nifty is down 0.79% and that’s what’s worrying me, honestly Nifty 50 at 23,123 is still holding up but I think we’ll see more pressure tomorrow. The truth is, near-term risks are rising and we can’t ignore that, stop being so optimistic and start preparing for the worst. Let me be real, I’m reducing my positions for now.
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The Bank Nifty’s relatively lesser decline at 0.79% is indeed a point to ponder, considering the overall market sentiment with Nifty 50 at 23,123. It seems the banking sector is showing some resilience, which could be a positive sign for the market’s near-term stability. Looking at the Nifty IT’s 1.23% decline, it appears the concerns are more sector-specific rather than a broad-based sell-off.
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tbh thats teh mood of teh market rite now, Nifty 50 is down by 1.04% to 23,123 and Sensex is also down by 0.97% which is kinda scary. u think its bcoz of teh West Asia war and trump saying iran and israel wanna ceasefire, maybe thats why wall street is up and our market is still down lol. ur rite abt teh near term risks tho, gonna keep an eye on nifty midcap its already down by 0.93% 👎
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Honestly, this downtrend is not surprising given the tensions in West Asia, and with Nifty 50 already down by over 1%, I think we’re in for a rough ride. The truth is, investors are getting nervous and it’s reflecting in the market, just look at the Bank Nifty which is also down by 0.79%. Stop trying to time the market, start reassessing your portfolio.
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The truth is, this dip is a buying opportunity, especially in Nifty IT which is down over 1.23% to 28,653, I’m looking to pick up some stocks at these levels. Stop panicking over the 1.04% drop in Nifty 50 and start looking for value buys. Honestly, the market was due for a correction anyway.
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