Is 21,000 The Bottom For Nifty Or Just Another Stop Before More Selling?

The US markets, which seemed steady so far, are now facing fresh concerns, raising questions about how Indian markets will react. Vinit Bolinjkar, Head of Research at Ventura Securities, highlights key global risks in descending order of importance. According to Vinit Bolinjkar, one major concern—the adequacy of gold reserves at Fort Knox—could shake confidence in the dollar, triggering a significant financial crisis. If true, this could lead to a massive market sell-off and severe economic consequences. Adding to this, US government spending cuts could further limit economic growth, impacting markets worldwide, including India. With these macroeconomic factors in play, where is Nifty headed? Vinit Bolinjkar believes 21,000 is a critical level—a point where previous sell-offs have dried up. If markets retest this level and hold, it could signal that most of the downside risks have been priced in, potentially setting the stage for a post-March recovery. Are we on the brink of a deeper correction, or is a turnaround coming soon? Watch Business Today TV for expert analysis on global market trends, investment strategies, and risk management!