💨 Abstract

Indian stock markets experienced selling pressure on January 8, with the Nifty 50 and BSE Sensex indices declining soon after opening with marginal gains. Experts indicate no near-term relief for the markets, with earnings of individual companies and the budget expected to provide relief. FPI selling in key sectors like financials persists. The markets are showing cautious sentiment and are dependent on corporate earnings and the Union Budget for a positive shift.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖