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Akhilesh Jat SEBI RA

5th Apr · SEBI-Registered Analyst

Six Weeks of Pain… But Is a Rebound Brewing? 📉➡️📈

Markets continue to bleed as the Sensex marks its sixth straight weekly decline, now down over 17% from its peak and hovering just above April 2025 lows seen during the tariff-driven selloff. This level is critical—any breakdown could drag the index toward the June 2024 election result-day lows. Heavyweights are feeling the heat.

HDFCBANK
has slipped 20% in just those weeks, while
ETERNAL
has crashed a staggering 42% from its peak, highlighting intense selling pressure. On the flip side, the rupee shows resilience, bouncing back from record lows—offering a slight macro cushion. The big question: Is this a base formation or the calm before another leg down? 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

#Post-ClosingCommentary#TechnicalViews#MacroViews
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