Indian Equities Tank on Monday Due to Uncertainty Ahead of US Elections
Indian Shares Fall Amid Investor Caution Ahead of U.S. Election -- Market Talk
India's stock market crash recorded: foreign capital mass exodus, domestic capital crazily buying in!
Concerns about decline.
India's stock market continues to collapse! Foreign capital is fleeing wildly, while domestic capital is rushing in.
In October, foreign institutions in the Indian market recorded the highest single-month net outflow in history, while domestic institutions in India defied the trend by increasing their positions, maintaining a net buy for 14 consecutive months, with an inflow amount reaching a record high of $12.8 billion. Currently, several key macroeconomic indicators in India are showing weakness, while the central bank continues to keep the benchmark interest rates at a relatively high level.
India's stock market experienced a heavy slump, marking the largest monthly decline since March 2020.
FX168 Finance News Agency (Europe) News On Thursday (October 31), affected by continuous selling from overseas investors, the india NSE Nifty 50 index fell by 6.2% in October, marking the largest monthly decline since the COVID-19 panic in March 2020, and also the first monthly decline since May for the index.
Urban residents' demand continues to weaken, sounding the alarm for Indian consumer companies' financial reports.
India's consumer enterprises' latest quarterly earnings are sounding an alarm - as inflation and unemployment weigh on market sentiment, the urban middle class is continuing to reduce spending for at least the second consecutive quarter.