Today was one of those days where the market looked scary in the morning… but calmed down later.
The market opened quite weak — Sensex was down around 700 points and $Nifty 50 slipped below 22,800. The main reason? Rising crude oil prices and global tension, which made investors nervous.
But then something interesting happened…
As the day progressed, buyers slowly stepped in. The market started recovering, and by the second half, a big part of the losses was gone. IT stocks, in particular, showed strong strength and helped pull the market up.
By the end of the day, the market didn’t really trend strongly in either direction — it was more of a recovery day after panic selling.
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