By Bharath Rajeswaran and Vivek Kumar M (Reuters) – Indian small-cap shares have tumbled more than 20% from their record closing high, confirming they are in a bear market, with analysts expecting a further 5% drop by the end of March. A perfect storm of weaker economic growth, foreign outflows and fears of slower inflows…
Investors are expecting Indian stocks to post another quarter of losses as a slowdown in economic growth and sticky inflation hurt corporate earnings and foreign flows. The benchmark NSE Nifty 50 Index will likely drop at least 5% in the three-months through March, according to a majority of 22 strategists and fund managers in an…
(Updates at 10:07 a.m. IST) Jan 9 (Reuters) – India’s benchmark indexes fell on Thursday, as worries over a likely moderation in corporate earnings for the December quarter and concerns over fewer rate cuts in the U.S. weighed on sentiment. The Nifty 50 fell 0.2% to 23,645.9 points as of 10:27 a.m. IST, while the…
