India Remains a Compelling Investment Case amid the Current Storm
Indian equities have started the year on weak footing (up 0.26%1) compared to global equities (up 7.22%).
Stay updated with breaking news from Indian Index. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Indian equities have started the year on weak footing (up 0.26%1) compared to global equities (up 7.22%).
Selling China and buying India has been a popular trade this year, but the Indian market is starting to look pricey
Domestic shares plunged on Monday with the Nifty falling below the 14,700 mark. Rising COVID-19 cases and negative global cues spoiled sentiment. Barring the Nifty Metal index, all the sectoral indices on the NSE ended in the red. Metal shares were in demand on firm copper prices. The barometer index, the S&P BSE Sensex, slumped 1,145.44 points or 2.25% to 49,744.32. The Nifty 50 index lost 306.05 points or 2.04% to 14,675.70. TCS (down 3.69%), Reliance Industries (down 3.52%), HDFC (down 3.04%) and Infosys (down 2.06%) were major drags. In the derivatives market, the NSE's Volatility Index...