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✨We had an insightful conversation on Nifty's correction with @charts_breakout, @amitgupta0310 & @sanchittaksali on Monday.
🌟Check out this chain of threads to grab a gist of our conversation.
♥️ & 🔁for wider reach.
#StockMarket #Stocks
🌟Check out this chain of threads to grab a gist of our conversation.
♥️ & 🔁for wider reach.
#StockMarket #Stocks
@sanchittasksali highlighted the probable reasons for the fall.
🔸The fear of Omicron.
➡️The situation in the UK is feeble; a lockdown may be expected soon.
🔸The RBI policy has sucked up the liquidity.
➡️This will impact the cost of borrowing for the market participants
🔸The fear of Omicron.
➡️The situation in the UK is feeble; a lockdown may be expected soon.
🔸The RBI policy has sucked up the liquidity.
➡️This will impact the cost of borrowing for the market participants
➡️The issue of IPO funding has also become a trigger for the fall.
➡️People have started selling stocks to cover their losses.
➡️It will take some more time for the market to find a bottom.
➡️People have started selling stocks to cover their losses.
➡️It will take some more time for the market to find a bottom.
