There was a big shock in the market today. Nifty 50 and BSE Sensex closed sharply lower on Tuesday, and investors lost ₹2.85 lakh crore in just one day. Total BSE market cap fell to around ₹ 466 lakh crore.Reasons step by step:Reason 1 – IT Stocks Heavy Selling: Infosys, TCS, HCLTech, Tech Mahindra, Wipro, Coforge, Persistent Systems and Mphasis were all trading in deep red, due to which Nifty IT Index slipped 5% in early trade.Reason 2 – Global Tension & Tariff Fear: US and EU’s tariff changes and trade uncertainty affected the global market cap. Made investors cautious. Reason 3 – Selective Buying of FIIs: Foreign Institutional Investors are buying in capital goods and financial stocks, but selling continues in IT sector. Overall: IT sector selling + global tariff tension + selective FII buying = sharp market correction. Is this a dip buying opportunity or could there be more downside?
Big shock in the market: Sharp Dip with ₹2.85 Lakh Crore Loss, IT Stocks and Global Tension. Money Live | Markets take a big hit: ₹2.85 lakh crore loss, sharp dip with IT stocks and global tension
