Mumbai, January 6, 2025 – The Indian stock markets experienced a sharp decline today, with the Sensex plunging by 1,200 points and the Nifty falling below the 23,700 mark. Investors were left jittery as market sentiment turned negative, driven by concerns over the impact of HMPV (Hypothetical Market Pressure Variable) on key sectors.
Experts attribute the steep sell-off to uncertainty surrounding HMPV-related developments, which have raised fears of reduced profitability and regulatory challenges for several industries. The market downturn was led by declines in banking, technology, and automobile stocks, further exacerbating the sell-off. Analysts suggest that clarity on HMPV and its implications is crucial for restoring stability to the markets.
