Every second Nifty stock in firm bear grip, falling up to 42% from peaks. How long before the index buckles?
- Posted on March 4, 2025
- By Business News Today
- 3 Views
Every second Nifty stock in firm bear grip, falling up to 42% from peaks. How long before the index buckles?
Despite more than half of Nifty stocks being in bearish phases, the index is only down 16% due to the weightage of few major stocks like RIL, HDFC Bank, and TCS. Factors contributing to the decline include stretched valuations, underwhelming earnings, and persistent foreign investor selling.
