Nifty & Sensex declines 1% amidst global market uncertainty

As per a report, the US consumer sentiment has declined to a 6-month low and may increase inflation in the short run.

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This has resulted in uncertainty and weak cues in the global market and impacted India’s Nifty and Sensex.

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Along with this India VIX also increased to 21% from 14% with uncertainty as a result of pre-election sentiments.

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This combination led BSE Senxex and NSE Nifty to drop by 1% on Monday.

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Analysts expect this phase of uncertainty to continue until any positive change in the global market as well as the declaration of general election results.

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Nifty & Sensex declines 1% amidst global market uncertainty

As per a report, the US consumer sentiment has declined to a 6-month low and may increase inflation in the short run.

About share decline

This has resulted in uncertainty and weak cues in the global market and impacted India’s Nifty and Sensex.

Looming uncertainty

Along with this India VIX also increased to 21% from 14% with uncertainty as a result of pre-election sentiments.

India VIX

This combination led BSE Senxex and NSE Nifty to drop by 1% on Monday.

Indian indices 1% down

Analysts expect this phase of uncertainty to continue until any positive change in the global market as well as the declaration of general election results.

When to expect a positive shift?

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