Indian equity markets flashed red on Thursday morning as the BSE Sensex slid more than 200 points and the Nifty 50 dropped below the 25,850 mark, breaking a three-day winning streak.
The primary trigger for the decline was investor caution ahead of expected announcements regarding a potential trade deal between India and the United States. Market participants are keenly awaiting clarity on negotiations, especially around tariffs and export-access agreements, which could significantly impact sectors such as technology and financials.
Sectorally, the pain was most acute in financials and IT stocks. These heavyweight segments pulled down overall index performance, as investors opted to take a step back until clearer policy signals emerge.
In short, the current slide appears less about domestic corporate weakness and more about external uncertainty and anticipatory profit-taking. Until the India-US deal yields substantive outcomes, caution may continue to dominate market sentiment.
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