Markets face intense selling pressure as Nifty 50 plunges 1.98% to 25,048, driven by relentless FII outflows, geopolitical tensions, and pre-budget jitters.
The carnage is widespread; 440 out of 500 stocks closed in red this week.
Meanwhile, precious metals shine bright with gold surging 9.49% and silver rocketing 16.31% as safe-haven demand intensifies.
The rupee hit a near-record low of 92/USD, further spooking foreign investors.
With Nifty teetering on critical support levels, traders should stay cautious, but long-term investors may find golden buying opportunities at these beaten-down valuations.
The question: Is this a dip to buy or a falling knife?