Sensex, Nifty Rebound Cautiously Post-Decline: Crafting Your Investment Strategy
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Sensex, Nifty Rebound Cautiously After Sharp Fall; What's Your Investment Strategy?
M
Moneycontrol•20-03-2026, 10:26
Sensex, Nifty Rebound Cautiously After Sharp Fall; What's Your Investment Strategy?
•Sensex and Nifty show cautious rebound after a significant fall in the previous session, with Sensex opening at 75,008 and Nifty at 23,260.
•HDFC Bank shares remain under pressure, while crude oil prices ease below $94 per barrel due to reduced geopolitical concerns.
•Previous session saw a steep correction with BSE market cap losing Rs 12 lakh crore, driven by global and domestic factors.
•Market decline was influenced by rising crude oil prices, weak global signals from the US Federal Reserve, and HDFC Bank's non-executive chairman's resignation.
•RBI assured HDFC Bank's financial strength and stability; experts advise 'buy on dips, sell on rallies' for short-term and long-term investment.
