Nifty Index Plummets Over 300 Points: What Happened Today?

The Nifty index started the day almost the same as yesterday, but right from the first moment, people began selling their stocks. For a while, the market didn’t move much, but in the afternoon, selling got stronger, and the Nifty went down below 23,000 points. In fact, the sellers (called bears) were in control all day, and by the end, the Nifty had dropped more than 300 points. This made a special pattern on the chart called a Bearish Belt Hold, which means the market could keep going down. The index also made lower highs and lower lows, suggesting continued weakness.