New Delhi, Sept. 30 -- After hitting record highs last year, the Nifty has slipped by around 6 percent over the past twelve months. The Sensex and Nifty hit their record highs of 85,978.25 and 26,277.35 touched on September 27, 2024.
While India's long-term growth story remains intact, a series of global and domestic challenges have weighed on investor sentiment. Experts say the correction should be seen more as a reset than a structural reversal, but multiple headwinds have combined to drag markets lower.
Trade Tensions and Sentiment Shock: According to Anirudh Garg, Partner and Fund Manager at INVasset PMS, the sharpest trigger came from India-US trade relations. "The current 5% correction is best read as a sentiment-led shakeout rath...
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