Indian equity markets ended Monday’s session sharply lower, with benchmark indices breaking below key psychological support levels amid heightened investor caution. The Nifty 50 fell 360.25 points, or 1.56%, to close at 22,780.25.
From a technical perspective, immediate support for the Nifty is seen in the 22,650–22,700 zone, while a break below this range could extend the correction in the near term, according to Rupak De, Senior Technical Analyst at LKP Securities.
