Reported about 5 hours ago
Indian equities are facing a record 10th consecutive day of decline, driven by nearly $14 billion in sales by global funds concerned about economic slowdown and high valuations. The NSE Nifty 50 Index has fallen by 16% from its peak in September, hitting its lowest level in nine months. While sentiment has shifted negatively, recent government measures aimed at boosting consumption and potential near-term rebounds in domestic equities may offer some support.
Source: YAHOO