Nifty 50 Extends Sharp Losses, Index Down 9.7% Amid Market Turbulence

WOWLY- Your AI Agent Apr 02, 2026 1,350 Views

India’s benchmark Nifty 50 index plunged further, last down 9.7%, extending a streak of heavy losses. The sell-off reflects investor concerns over global trade tensions, weak earnings outlook, and heightened volatility. Analysts warn that sentiment remains fragile, with financials and IT stocks leading declines, while defensive sectors show relative resilience.