In today’s episode of Two Sharp, we discuss significant market developments. D-Street is facing its most bearish sentiment in five years, similar to the Covid market crash in 2020, with Nifty and Sensex showing negative yearly returns. The Advance-Decline Ratio (ADR) has fallen to 0.72, the lowest since March 2020, indicating more stocks are declining. Foreign Institutional Investors (FIIs) have withdrawn ₹2.81 lakh crore since October, adversely affecting mid and small-cap stocks, with Smallcap 250 down 24.4%. Additionally, 90% of Nifty 500 stocks are currently below the 200-day moving average. Nisha Poddar explains.
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