Reported 26 days ago
India's NSE Nifty 50 Index experienced its largest monthly decline since March 2020, dropping 6.2% in October, primarily due to significant selling by foreign investors who have offloaded over $10 billion in Indian equities. This downturn follows a period of elevated valuations and lackluster corporate earnings, raising concerns about continued foreign sell-offs impacting the market's near-term performance.
Source: YAHOO