2 hrs ago
Market Sell-Off Deepens as Experts Recommend Large-Cap ETFs
Indian stocks fell sharply on Thursday.
The Sensex and Nifty 50 both ended at their lowest levels in many months.
The article says several things worried investors, including oil prices, US interest rates and a weaker rupee.
Some experts think the market has already fallen a lot, but may still fall further.
One expert thinks the Nifty 50 could dip below 22,000 before the market finds a bottom.
He expects big companies to lead a possible recovery.
He recommends two kinds of funds that track groups of large companies.
His estimated returns are forecasts, not guarantees.
After heavy selling on Thursday, the Sensex closed at 71,593, its lowest level in 32 months, while the Nifty 50 ended at 22,231, an 18-month low.
The sell-off erased about ₹11 lakh crore in market value, amid crude-price volatility, rising US bond yields, a weaker rupee, RBI monetary tightening and expectations of a US Federal Reserve rate hike.
Experts quoted in the article said Indian markets were oversold but could fall further, with the Nifty 50 possibly dropping below 22,000 before a market bottom forms.
Amit Goel of PACE 360 expects a potential bottom in the first half of November and says large-cap stocks may lead a rebound.
Goel recommended Nifty 50 and Nifty 100 ETFs, forecasting potential returns of at least 15% and 18%, respectively, over five to six months.
- Who
- Indian stock-market investors and experts Amit Goel of PACE 360 and Anuj Gupta, a SEBI-registered market expert.
- What
- Indian shares fell sharply, while experts discussed a possible market bottom and recommended large-cap ETFs.
- Where
- The Indian stock market.
- When
- Thursday; the article also refers to a potential bottom in the first fortnight of November 2026.
- Why
- The article cites crude oil price volatility, rising US bond yields, weakness in the Indian rupee, RBI monetary tightening and expectations of a US Federal Reserve rate hike.
Key facts
- Sensex close
- 71,593, described as a 32-month low.
- Nifty 50 close
- 22,231, described as an 18-month low.
- Market value erased
- About ₹11 lakh crore.
- Possible Nifty support break
- Experts said the index could fall below 22,000 before a market bottom forms.
- Nifty 50 ETF forecast
- At least 15% return over five to six months, according to Amit Goel.
- Nifty 100 ETF forecast
- 18% return over five to six months, according to Amit Goel.
- Goel's FY27 Nifty 50 projections
- 25,500 in normal conditions and 27,000 in a bull case.
Quotes
Anuj Gupta
SEBI-registered market expert
“I would suggest investors buy the Nifty 50 ETF and the Nifty 100 ETF by the end of October or by the beginning of November 2026.”
livemint.com
“The monetary tightening had happened during the COVID-19 challenge also. However, this time we do not expect it to go deep.”
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