Indian stock market could be bottoming out after crash, says Chris Wood

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Indian stock market could be bottoming out after crash, says Chris Wood - Business Standard

Quick Summary:

This, he said, will be paid for by reducing the existing investments in Reliance Industries (RIL) and Larsen & Toubro (L&T) by three percentage points and one percentage point, respectively.

From a 52-week high of 85,978 levels hit on September 27, 2024, the S&P BSE Sensex has slipped nearly 6,200 points, or around 7.1 per cent till date.

The 30-share index had slipped into 'correction' mode with a fall of over 10 per cent from this peak level before recovering some ground.