Quote on market 22nd April 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
Below the Quote on market 22nd April 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
"The market saw a dramatic shift today, with the key indexes witnessing a decline after yesterday's gains. The Sensex tumbled by more than 600 points, whereas the Nifty fell below the 24,450 level in intraday trade, mainly due to aggressive selling of IT stocks following poor guidance from HCLTech and negative global cues. Higher oil prices close to $98 per barrel, continued geopolitical tensions between the United States and Iran, and foreign fund selling also weighed on the market mood, maintaining high volatility levels throughout the day.
Outlook remains cautious in the near term, with markets likely to stay range-bound amid geopolitical uncertainty and oil price movements, though stock-specific action from Q4 earnings could provide selective support."
Above views are of the author and not of the website kindly read disclaimer
