stock market crash today

Weak Ahead: Q2 results, Israel Iran war, FII activity, global cues among key market triggers for Nifty, Sensex

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Weak Ahead: Q2 results, Israel Iran war, FII activity, global cues among key market triggers for Nifty, Sensex

The Indian market closed on a lower note for the week on Friday, dragged down by auto and banking stocks. While pharma and metal stocks offered some support, it wasn’t enough to push the indices higher. As a result, the Nifty 50 fell by 0.14%, ending below the 25,000 mark for the third consecutive day … Read more

India to underperform EMs in short-term: “The risk of ‘side effect’ is more on Indian market…”

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India to underperform EMs in short-term: “The risk of ‘side effect’ is more on Indian market…”

The stronger impact on the domestic stock market was partly due to our playing on a weak wicket. In the weeks prior, the domestic market had been underperforming relative to other EMs.  The underperformance intensified as investors began shifting funds to Asian counterparts like China, trading at significantly lower valuations—10x to 25x forward P/E in … Read more