Indian Equities Tank on Monday Due to Uncertainty Ahead of US Elections
Indian Shares Fall Amid Investor Caution Ahead of U.S. Election -- Market Talk
India's stock market crash records: Foreign funds withdraw massively, while domestic funds buy crazily!
Worries about decline.
India's stock market continues to collapse! Foreign capital is fleeing wildly, while domestic capital is rushing in.
In October, foreign institutions in the indian market recorded the highest monthly net outflow in history, while domestic indian institutions increased their positions against the trend, maintaining a net buy for 14 consecutive months, with an inflow amount reaching a record high of $12.8 billion. Currently, several key macroeconomic indicators in India are showing weakness, while the central bank continues to maintain the benchmark interest rate at a relatively high level.
Urban residents' demand continues to weaken, sounding the alarm for Indian consumer companies' financial reports.
India's consumer companies' latest quarterly earnings are sounding the alarm - as inflation and unemployment weigh on market sentiment, the urban middle class is cutting spending for at least the second consecutive quarter.
The market may not have expected: this year's stocks in china may have a profit growth rate surpassing india!
HSBC believes that recent economic data in India is disappointing, with a general slowdown trend present in various industries. On the other hand, in China, after economic policy stimuli, signs of accelerated growth have begun to appear in some sectors, with real estate transactions rebounding, and over 20 listed companies carrying out share buybacks... In addition, local provinces have begun to issue special bonds, releasing funds into the real economy to drive economic development.