India's stock market experienced dramatic swings in 2024. After reaching record highs, the Nifty 50 plunged nearly 11% from its September peak due to persistent selling by foreign portfolio investors (FPIs) in the following two months. The selling was driven by increased allocations to China and concerns surrounding muted earnings growth during the second quarter. A weakening rupee further dampened market sentiment.
The market is currently showing some signs of recovery, rebounding roughly 4% from its trough.
Mint explores whether this correction has presented attractive buying opportunities for some investors by alleviating concerns of an over-valued market.
An analysis of all NSE-listed stocks reveals that only 1% are currently trading at their 52-week high, indicating widespread declines from peak values. Nearly half are down more than 25% from their 52-week highs, while another one-third have declined between 10% and 25%.
هذه القصة مأخوذة من طبعة January 03, 2025 من Mint New Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 03, 2025 من Mint New Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
NRIs: TDS compliance for share buybacks
As a resident Indian promoter of a private limited company, I'm buying back shares from a non-resident individual who helped secure export orders. Does this payment fall under the LRS, and what TCS/TDS applies?
How To Avoid A Dumping Flood
Trump's tariff war with China will also needle some Indian manufacturers
A Four-Point Budget Wish List for Indian Agriculture
Income, climate, natural resources, and human resource crisis weigh on agriculture
Co-investor exit rules need re-look
India-based venture capital and private equity firms have petitioned the Securities and Exchange Board of India (Sebi) to reconsider rules that mandate their co-investors exit alongside the fund, three people familiar with the development said.
Zomato backs Blinkit expansion amid losses
Zomato's Q3 profit drops 57%, weighed down by quick-commerce arm
Women, skip the bro-split and try the flow-split
Exercise plans aligned to menstrual cycles can be effective for women
LTIMindtree's global markets head quits
L TIMindtree Ltd's president of global markets, Sudhir Chaturvedi, has quit the company, leaving chief operating officer Nachiket Deshpande as the frontrunner to succeed current chief executive Debashis Chatterjee, whose term ends later this year.
Go First fails to take off, NCLT orders liquidation
Creditors await dues as airline's 20-month-long insolvency process ends
Private banking booms as ranks of super-rich swell
According to the Hurun India Rich List 2024, India saw one new billionaire every five days in the past year
Does India's Fiscal Profile Need A Facelift?
The role of fiscal policy becomes more crucial in the current cyclical slowdown
