Market Crash: Market mood worsens before Christmas, Sensex slips below 85,500, investors get worried

News India Live, Digital Desk: Today is 24th December, tomorrow is the Christmas holiday, and it seems that the big players of the market (Investors) prefer to withdraw their money and keep it in their pockets before going on holiday. The light greenery of the morning has now disappeared and the red zone has ruled the screen. What is the latest situation? The pressure is clearly visible in the stock market at this time. The Sensex which was raising hopes in the morning has now fallen below 85,500. This was a psychological level, breaking of which is a bit nerve-wracking. At the same time, Nifty is also in the same situation. That too has slipped from the green mark to the red. It seems that people at the upper level are selling the goods and leaving (Profit Booking). Why did the decline happen? Look, there are two-three simple reasons for this: Holiday mood: Tomorrow is Christmas and then New Year is about to come. Often during these days, big foreign investors (FIIs) are not active or sell. The ‘Volume’ in the market is low. Expensive valuation: The market was already very high, so some decline or ‘correction’ was bound to come. Pressure on IT and Banking: Today IT and Banking stocks are not performing as per expectations, which pulled the market down. What is the opinion now for traders? If you are a day trader, then brother, be a little careful today. The market can be “trappy”—meaning you think it’s going up, but it may actually come down. Adopt a ‘wait and watch’ approach until a clear trend is seen. Capital can be wiped out by forced trading. For those who are long-term investors, this small decline is not a matter of concern. If good shares are available cheap, keep an eye on them.