The primary reason for this decline is the continuous selling by Foreign Institutional Investors (FIIs) in both the equity and Futures & Options (F&O) markets. FIIs remain uncomfortable with the valuations of the Indian equity market, even with improving macroeconomic and microeconomic indicators," Furthermore, the current earnings season, while not entirely disappointing, has also not been particularly encouraging. Adding to the uncertainty is the stalled trade deal between the US and India. On the technical front, experts had suggested that a fresh sell-off is possible only after crossing the 25,000levels. "Since the Nifty has sunk below this level in trade, the market may retest 24,850. Conversely, if the market moves above 25,150, it could technically bounce back to 25,255. The uptrend could continue further, potentially taking the market to 25,350. #FIISelling, #IndianStockMarket, #EquityMarket, #FuturesAndOptions, #ValuationConcerns, #MarketCorrection, #EarningsSeason, #USEIndiaTradeDeal, #Macroeconomics, #Microeconomics, #Nifty50, #TechnicalAnalysis, #StockMarketUpdate, #MarketLevels, #NiftySupport, #NiftyResistance, #DalalStreet, #MarketOutlook, #StockMarketNews, #MarketVolatility