Indian stocks give negative 1-year returns while global markets rally
Hyderabad, Oct. 1 -- Indian stocks have struggled to deliver positive returns over the past year even as several major global markets recorded strong gains.
In one year, from October 1 to September 30, the Nifty 50 was down 8.9 per cent, while global indices such as the United States' S&P 500, Nasdaq, Japan's Nikkei, South Korea's KOSPI, and the United Kingdom's FTSE recorded substantial gains in the same period.
The weak performance of Indian equities has come amid foreign investor selling, geopolitical uncertainty, concerns over earnings growth, and fluctuations in crude oil prices.
Global markets outperform Indian stock market indexes
Recent market data shows a significant difference between Indian and some overseas equity markets....
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