Indian Markets will remain volatile

Indian markets are witnessing huge volatility from Aug 18 and we will continue to see the same trend in coming months.

Nifty had touched 11750 mark in the first week of September but failed to sustain it which was a good indication of weakness in broader indices.

Why sell-off in Market?

Following events also triggered a sell-off mode in markets

1. Indian rupee depreciated more than 4% from August to September 2018.
2. Crude oil not giving any relief and there is a continuous increase in prices over that counter.
3. Rising bond yields are making equities, a highly risky investing instrument. 
4. US-China trade war, a global uncertainty is not helping US market either. 

All of the above events has triggered a continuing sell-off from FII (Foreign Institutional Investors).

Most of their profits are getting washed away due to Rupee devaluation, they are likely to refrain themselves from investing in developing economy like India. And they have already sold 8744 Crores worth of equities in the cash market during Aug & Sep 18 (till 19/09/18).

Whats Next?

Major relief should come after Rupee gets stabilized. Indian government & RBI already working on curbing this issue on priority basis.

We can expect a major sell-off (panic selling) in the market if Nifty breaks the 11K mark in future. Investor & Traders should remain light and maintain their position accordingly.
Let’s see how things pan out in coming months.