New Delhi, March 3 -- Indian stock markets have been on a persistent downtrend, marking five consecutive months of losses. The market selloff showed no signs of easing on Monday, March 3, as the 30-share Sensex declined over 400 points in intraday trade, while the Nifty 50 slipped more than half a percent, approaching the 22,000 mark.
The Nifty has shed nearly 15 per cent from its September 2024 highs, erasing 4,000 points amid continuous selling by foreign institutional investors (FIIs). Since October 2024, FIIs have offloaded close to Rs.3 lakh crore, adding pressure to an already weakened market. Slowing earnings growth and a shift in global liquidity toward the US and China, where valuations appear more attractive, have further contr...
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