Indian markets slipped today Sensex fell sharply by over 300 points Nifty 50 also dipped below 25 300 Not a crash but a noticeable decline Traders called it a sector-led correction Investors called it caution
Opening the day
Markets opened slightly positive but sentiment quickly turned negative IT stocks dragged the market down after the US raised H1B visa fees Companies like Infosys TCS and Wipro saw their share prices drop between 2 and 3 percent Banking and infrastructure stocks tried to hold ground but couldnt fully offset the losses
Sensex opened near 55 250 High of the day was around 55 400 But selling pressure built steadily Nifty 50 opened at 25 420 and slipped to close below 25 300 Market breadth was negative with more decliners than advancers
Sector Performance
The main culprit today was IT sector Stocks plunged on global policy shock The US H1B visa fee hike affects talent movement Many tech companies rely on overseas employees Investors feared higher costs and slower growth
Banking sector was mixed HDFC Bank ICICI Bank and SBI traded flat to slightly down Loan growth numbers are being watched closely Credit quality and global cues keep investors alert
Infrastructure and realty performed moderately Some stocks gained small percentages But gains were not enough to lift the index overall
Market Breadth
Market breadth indicated cautious sentiment 27 stocks declined 23 advanced Shows that selling pressure was concentrated in certain sectors Not broad-based decline Investors remain selective
Global and Domestic Factors
Global markets influence domestic indices Weak signals from Wall Street or Asian markets add pressure Dollar index movements inflation data all matter to traders Corporate earnings updates domestic and international policy changes create market ripples
Today investors reacted to the US visa fee announcement The ripple effect is more pronounced on IT stocks because of their reliance on overseas manpower
Macro factors include crude oil prices currency fluctuations global geopolitical events These affect sectors differently IT is sensitive to overseas policy Banking reacts to domestic interest rates Infrastructure to government spending
Technical Levels
Support and resistance guide traders Sensex support near 54 900 Resistance around 55 500 Breaking either way can trigger volatility Short-term traders watch intraday levels carefully Swing traders look at weekly trends
Nifty support held near 25 300 A drop below this may trigger further downside towards 25 200 Resistance at 25 450 is key for recovery If market fails to breach resistance sideways movement continues
Traders Psychology
Investors sentiment today was cautious Fear of policy shocks and global uncertainty dominated Some booked profits Others waited on the sidelines Waiting for clarity in next few sessions
Markets move not just on numbers but emotions Fear and greed influence reactions Small policy news can trigger big moves in short term Markets test patience
Outlook
The coming days will be interesting Earnings reports macro data and global cues will guide direction Traders prepare for volatility Investors should monitor sector performance IT remains under focus Banking and infrastructure may provide stability
Daily movements may seem minor Long term investors focus on fundamentals Economic growth corporate earnings global trends Overall market remains resilient
Why This Matters
Even moderate declines signal caution Investors should understand sector-wise drivers Short term trading opportunities exist but patience is important Sideways markets test discipline
Daily headlines may create panic but underlying trends and macro fundamentals tell the real story Indian markets have shown resilience after shocks in past years
Conclusion
Sensex dropped over 300 points today Nifty slipped below 25 300 IT sector led the decline Banking and infrastructure provided partial support Market breadth was slightly negative Global policy shocks and domestic sentiment played key roles
Its not alarming but signals caution Traders adjust positions Investors watch carefully Markets are dynamic Daily swings are part of normal flow
Patience and awareness remain key Support and resistance levels should be monitored Sector trends matter Keep an eye on global cues Market will move once clarity emerges
Investors should avoid panic and maintain focus on long-term strategy Sideways days like today are part of market rhythm They prepare the stage for next directional move
Sensex and Nifty 50 may recover or continue testing lows But the underlying story remains that Indian markets are active resilient and responsive to global and domestic factors
The lesson is simple Markets breathe Sideways pauses follow sharp news events Next big move could be near Patience observation and strategy will guide investors
