Weekly Market Wrap-up 18th-23rd September

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Sensex Drops 4th Day

Sensex falls 221 points, Nifty below 19,700; IT stocks weigh

Stock Mix

Wipro, HDFC Bank, Power Grid, Sun Pharma, UltraTech Cement decline, while IndusInd Bank, Maruti, SBI, M&M, Asian Paints rise

Bearish Trend

 Market remains bearish, with challenges in private banking, finance, pharma, and IT sectors

Global Rate Concerns

Rising global interest rates after the US Federal Reserve's hawkish stance impact market sentiment

Sensex and Nifty's Dip

Sensex closes at 66,009 (-221), Nifty ends at 19,674 (-68). A volatile week in the stock market