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Markets look for rebound after massive selloff as investor focus shifts
After a sharp selloff, markets seek recovery as hiring improves, foreign inflows return cautiously, and mutual funds maintain elevated cash positions.
Indian equity markets are attempting to stabilize after a cumulative selloff estimated at Rs 7.5 lakh crore over recent sessions. Aviation major IndiGo remains in focus amid reports of recruitment and operational challenges. At the same time, technology companies have stepped up hiring activity in India, signaling confidence in medium term demand.