Indian equities face potential further correction amid economic slowdown and earnings misses

Indian equities are currently undergoing a significant correction, with major indices such as the Nifty 50, BSE Sensex, and Nifty 100 down around 8-10% from their peak levels reached in September. This decline follows a brief surge after the recent US presidential elections, as concerns over slowing domestic economic growth and persistent inflation have led to increased selling pressure.

Corporate earnings have also been weak, with many listed companies experiencing flat growth in the first quarter of FY25, which can be attributed to factors such as elections and extreme weather conditions. Furthermore, the second quarter is already indicating a trend of earnings misses, which is causing concern among investors in this challenging market environment.

A paragraph can also have a simple HTML list:

  • Item 1
  • Item 2
  • Item 3
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings