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Below the Quote on Post Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker

The market is facing significant turmoil as sentiment weakens amid unfavorable global cues and rising geopolitical tensions in the Middle East, coupled with SEBI's recent F&O circular and profit booking. Today, the Indian stock market experienced a sharp decline, with the Sensex and Nifty 50 both plummeting over 2%.

This marks the worst intraday drop in two months, with the Nifty closing at 25,250.10, down by 546.80 points (2.12%), while the Bank Nifty ended at 51,845.20, down 1,077.40 points (2.04%).

As long as the Nifty remains below 25,365, weak sentiment is expected to persist. On the downside, it could fall to levels between 25,150 and 25,025. Given the current volatile market conditions, level-based trading is recommended for day traders looking to navigate this uncertainty effectively.

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