Nifty 50 Drops 1.65% in May, Falling Almost 600 Points in 4 Sessions Due to Increased Volatility

Share Market Today

Nifty 50 fell over 600 points in 4 sessions, down 1.65% in May.

Elections uncertainty, foreign selling, mixed earnings, geopolitical tensions.

Index drops 609 points from May peak, facing significant selling pressure.

Mid- and small-cap stocks hit hard, Nifty Midcap 100 down 3%, Small Cap 100 down 4%.

Company Details

Foreign investors sold ₹3,668.84 crore on Tuesday, while domestic investors bought ₹2,304 crore.

India's volatility index surged to a 15-month high, indicating persistent high volatility.

Analysts foresee continued volatility until June 4 election results.

Nifty's immediate support at 22,100 and resistance at 22,450, with key level at 22,222.

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