15-year setback on cards? Nifty heading for worst annual performance since 2011
4 Articles
4 Articles
India’s economy resilient, but Nifty falls 13% YTD: Why markets and macro are telling different stories
Despite robust GDP growth of 7.8%, India's Nifty 50 index has plummeted 13% YTD, highlighting a stark divergence between economic strength and market performance. What explains it?
The Economic Times
Times of India15-year setback on cards? Nifty heading for worst annual performance since 2011
As 2023 unfolds, the Nifty index appears headed for its most disappointing year in a decade and a half. Key contributors to this downturn include high valuations and a flight of foreign investors. The IT sector continues to struggle amid geopolitical conflicts that have exacerbated oil prices and inflation fears. While local institutions lend some assistance, international investors remain reluctant.
As 2026 approaches, the Nifty appears headed for its worst year in the last 15 years. The main reasons for this decline include high valuations and the exit of foreign investors.
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