Are markets in oversold territory and is a trend reversal possible next week? Here's what analysts say

For the week, the Nifty dropped 5.3%, its biggest decline since June 2022, while the Sensex fell 5.5%, marking its worst weekly fall since May 2020.

India’s mcap falls $639 billion in March quarter, biggest since Covid crash

Interestingly, the erosion in market value of India is larger than the entire mcap of countries such as Mexico, Malaysia, South Africa, Norway, Finland, Vietnam and Poland. It is also nearly double ...