Record foreign exodus casts a pall over India’s stock market

Quick Summary:

India's stock market is experiencing a decline as foreign investors withdraw record funds due to concerns about the slowing post-pandemic economic boom.

Despite domestic investments preventing a larger downturn, waning consumer spending and high valuations are causing anxieties.

Although the market shows potential for growth, experts predict further adjustments as the economic slowdown's impact becomes clearer.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaChinaSingapore

Topics: NSE Nifty 50 Index Sensex Business news Foreign investors exodus Nifty 50 India stock market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 10:39:04 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 949 words

Reading Time: 6 minutes read

Sentences: 31 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23422676

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 30 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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News Language: English

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Publisher ID: #28

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