How long can Indian markets remain decoupled from global equity rout? Check what analysts say
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Indian markets rose on Monday, extending last week’s rally despite a sharp global sell-off.
- ✓Foreign investors drove the growth with massive inflows, while falling crude prices supported equities.
- ✓Tanvi Kanchan said, "India has not decoupled from global markets so much as benefited from a rotation within them."
Story at a Glance
- Category
- Indian Markets
- Reported By
- Moneycontrol.com
- Reading Speed
- 6 Minute(s)
- Market Focus
- India Economy
Analysts warned that the global sell-off could eventually spread to Indian equities if foreign investors faced redemption pressures.
Stock market today news: Sensex, Nifty rise in trade.
Indian markets rose despite a global sell-off.
FIIs drove a strong rally with massive weekly inflows.
Falling crude prices supported the Indian equities.
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The Indian equity markets continued to trade in positive territory on Monday, extending last week's rally even as global equities witnessed a sharp sell-off.Concerns over artificial intelligence (AI) spending and the outcome of the US elections triggered heavy selling in global markets, particularly in AI, semiconductor and data centre stocks, indicating a broader shift away from these sectors.
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Moneycontrol.com
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