Sensex drops 555 points, Nifty closes below 23,650 as market extends losses. How long will the downtrend continue?

On Tuesday, Indian stock markets experienced a decline, with both Sensex and Nifty ending lower amid rising crude oil prices and concerns over potential Fed interest rate hikes. However, mid and smallcap segments managed to gain ground, finishing positively. Analysts warn that this negative trend might persist short-term, advising investors to favor large-cap stocks in their portfolios.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.com