Reported about 14 hours ago
After experiencing a significant market decline that erased $1.3 trillion in value, Indian stocks are struggling to attract global fund managers. Economic slowdowns, profit downgrades, and competing attractions from Chinese equities are contributing to this cautious sentiment. While some investors see potential bargains as valuations decline, most remain hesitant, anticipating further evidence of economic recovery and corporate profit growth before fully engaging with the Indian market.
Source: YAHOO