Key Highlights
- This downturn was fueled by renewed apprehensions regarding potential US tariff measures, ongoing outflows from foreign institutional investors (FIIs), and escalating global uncertainties.
- Additionally, profit-taking in major stocks exacerbated selling pressure, leading to a rapid shift from the early-January optimism," Jigar S.
- Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, noted.
- On the technical front, Patel noted that the Nifty fell below crucial technical levels, concluding the week within the 25,700–25,900 range after experiencing substantial intra-week declines.
- This period marked a pronounced move towards risk aversion and a more cautious stance in the market.
