Nifty 50 crashes 1,300 points this week: Index entering oversold zone — What does it mean for investors?
Not just a freaky Friday, but it has indeed been a freaky month. Spooked by the US-Iran war, rising crude oil prices and the spillover effect on the Indian economy, stock market sentiment has turned extremely risk-off. On Friday, March 13, the flagship Nifty 50 index of the Indian stock market slumped almost 450 points,…