Indian equity benchmarks closed lower on Tuesday, July 14, ending a three-day winning streak as rising geopolitical tensions and a surge in crude oil prices dampened investor sentiment.
The sell-off marked a shift from the selective buying that had characterized the previous sessions, with broader market indices retreating amid renewed risk aversion.
34% advance in the BSE Sensex on Friday and marginal increases on Monday.
The decline followed a period of modest gains, including a 0.34% advance in the BSE Sensex on Friday and marginal increases on Monday.
Despite earlier resilience, investors navigated volatility linked to escalating geopolitical risks and higher energy costs, which have emerged as persistent headwinds for the market.
Analysts are pointing to specific intraday opportunities amid the broader weakness.
Vaishali Parekh, a market strategist, recommended three stocks for intraday trading on Wednesday: National Aluminium, Oil India, and Acme Solar Holdings.