“Indian equity markets closed sharply lower, with benchmark indices reflecting significant declines and breaching critical technical levels. The Nifty fell to 22,497.85, moving below the key 22,500 level, while global cues contributed to the negative flows seen across multiple indices.”

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“Regulatory and geopolitical tensions, particularly stemming from the Middle East, are leading to significant contractions in U.S. stock market performance and a sharp decline in hyperscaler free cash flow, while interest rate hikes remain a looming threat to equities.”

“Market sentiment remains highly negative with numerous indices and sectors experiencing significant declines. Investor confidence is shaken amid persistent geopolitical tensions and economic uncertainties, with skepticism around the outlook for various asset classes.”