By:- B.T Team

Image Credit:- Google

Market Crash Alert!

BSE Sensex plunges 400+ points; Nifty50 slips below 23,400.

Sensex & Nifty Open in Red

At 9:18 AM: – Sensex: 77,172.19 (-0.52%) – Nifty50: 23,378.60 (-0.59%)

Morning Market Overview

Bearish Sentiment Prevails

Bears dominate Nifty, with analysts maintaining a "sell on rise" approach.

Resistance & Support Levels

– Resistance: 23,780-23,800 – Support: 50-weekly SMA near 23,300

– US markets mixed amid Russia-Ukraine tensions. – Nasdaq hit by Target's weak performance.

Global Market Impact

Asian Markets Follow Suit

Asian indices open lower after Nvidia's cautious revenue outlook.

Bitcoin Hits New High

Amid global market uncertainty, Bitcoin reaches a record-breaking level.

US Dollar Strengthens

Dollar gains as markets await clarity on US policy and Fed rate decisions.

FPIs & DIIs Activity

– FPIs: Net sales of ₹3,411 crore on Tuesday. – DIIs: Purchased shares worth ₹2,784 crore.

What’s Next for Markets?

Short-term trend remains negative for Nifty50 until it decisively breaks above 23,800.

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