The markets tanked heavily after RBI announced a surprise repo rate hike in an unscheduled meeting. The markets before RBI's surprise jolt were already on tenterhooks awaiting the US Federal Reserve meeting outcome which resulted in a quicker selloff.
Which sectoral indices are hinting at huge trouble from current levels? What strategy must investors follow in such tense conditions? What future plan does the markets have from here? Here's the answer to everything accompanied by technical analysis -