The Indian stock market witnessed high volatility during today's trading session. Despite a positive start backed by global cues, benchmark indices Sensex and Nifty surrendered their early gains due to heavy profit booking and selling pressure.
Market Trends
- Selling pressure was heavy in IT and banking stocks.
- Continuous outflow of foreign institutional funds dampened market sentiment.
- Midcap and smallcap sectors also registered sharp declines.
Experts advise investors to remain cautious and focus on fundamentally strong stocks amidst global economic uncertainties.
