Rs 24 Lakh Crore Wiped Out in 6 Days: How to trade now ?

In just six trading sessions, Indian equity markets lost Rs 24 lakh crore in investor wealth. Continuous foreign fund outflows and global trade worries kept investors nervous, leading to significant declines. The Sensex dropped by 905.21 points (1.18%) to 75,388.39, and the Nifty fell 273.45 points (1.18%) to 22,798.35.

Analysts believe the market is oversold and might rebound soon. Dr. V K Vijayakumar of Geojit Financial Services suggests focusing on large-cap stocks, which are fairly valued compared to mid and small-cap stocks. However, ongoing foreign investor selling might limit any gains.

The market sentiment remains fragile, with fears of further declines if the Nifty falls below 23,000. Key factors affecting sentiment include Rs 1 lakh crore in foreign institutional investor (FII) outflows this year and ongoing global economic issues, such as tariffs.

Investors should stay cautious and informed, as the market’s near-term direction is uncertain. While a rebound is possible, the broader outlook depends on global economic stability and foreign investment trends.