BLOOD RED OCTOBER 👇🏻
1. Nifty fall was worst after March 2020 corona-virus fall.
2. FMCG index fell more than 10%, that has not happened even during Lehman collapse.
3. FIIs sold more than Rs 1.1 lakh crore, almost double of what was their highest selling ever in India markets in March 2020.
4. About 40% of Nifty 50 stocks fell more than 10%, some more than 20%.
POINT TO NOTE - All this happened without any negative news.
What's next now 🤷🤷♂️
1. Nifty fall was worst after March 2020 corona-virus fall.
2. FMCG index fell more than 10%, that has not happened even during Lehman collapse.
3. FIIs sold more than Rs 1.1 lakh crore, almost double of what was their highest selling ever in India markets in March 2020.
4. About 40% of Nifty 50 stocks fell more than 10%, some more than 20%.
POINT TO NOTE - All this happened without any negative news.
What's next now 🤷🤷♂️