The Indian stock market faces uncertainty as the Nifty closed below its 200-day moving average for the first time since April, signaling caution among investors.
Global headwinds and muted cues from GIFT Nifty are adding pressure on domestic indices. Market experts are now questioning whether a rebound is likely or if selling will dominate further. Puneet Sharma, CEO of Whitespace Alpha, highlighted concerns about a consumption slowdown and its potential impact on Q3 earnings. Key data points and stock trends remain under scrutiny as markets struggle to find direction.