Dec 20, 2023, 08:52PM ISTSource: TOI.in
Indian equity indices, Sensex and Nifty50, plunged over 1% after reaching lifetime highs. Sensex dropped over 1,000 points, falling below 71,000; Nifty tumbled nearly 300 points. Market sentiment shifted abruptly despite positive global and domestic cues. Valuation parameters and technical indicators suggest an imminent consolidation post continuous rally