The Financial And Tech Literacy

  Market Recap: May 20, 2025 On May 20, 2025, Indian equity markets experienced a significant downturn. The Nifty 50 index declined by 261.55 points (1.05%) to close at 24,683.90, while the BSE Sensex dropped 872.98 points (1.06%) to settle at 81,186.44. This decline was primarily attributed to global economic concerns, including Moody's downgrade of the U.S. government's credit rating, leading to cautious investor sentiment and profit booking.  Institutional Activity on May 20, 2025 Foreign Institutional Investors (FIIs): Net sellers with a significant outflow of ₹10,016 crore. Domestic Institutional Investors (DIIs): Net buyers, injecting ₹6,738 crore into the market. The substantial FII selling pressure contributed to the market's decline, while DII buying provided some support.  Nifty 50 Technical Outlook The Nifty 50 index's close below the 24,700 mark indicates a bearish sentiment. Key support levels are identified at 24,500, with resistance a...