Sensex tanks over 2,000 points in February. More doom on the horizon?
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The Indian stock market is in turmoil, with the Sensex nosediving nearly 2,300 points this February. The selloff has been brutal, wiping out billions as foreign institutional investors (FIIs) yanked out a staggering Rs 23,000 crore from Indian equities. Smallcap and midcap stocks have been hit the hardest, leaving investors deep in the red. A cocktail of global and domestic headwinds is driving the market panic—Donald Trump’s tariff threats, a roaring Hang Seng rally luring FIIs to China, and underwhelming Q3 earnings at home. As uncertainty grips the market, one question looms large: Is the worst behind us, or is there more pain ahead? According to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, Trump's aggressive tariff rhetoric is unsettling investors. "The market is negatively responding to potential tariff targets like autos and pharmaceuticals while shifting focus to domestic consumption plays...