Viral fear, growth blues stalk stock markets
Hindustan Times|January 07, 2025
Stocks fall 1.5%, fear index up 15%; key indicator signals weakness
- Ram Sahgal
Viral fear, growth blues stalk stock markets

Memories from a viral outbreak five years ago returned on Monday to combine with worries of weak earnings, falling currency and slowing economic growth, whipping stocks and erasing ₹11 lakh crore of investor wealth.

The BSE Sensex and NSE Nifty crashed more than 1.5% each and the fear gauge Vix rose the most in four months, on a day India detected multiple cases of the Chinese-origin human metapneumovirus (HMPV).

Lacklustre quarterly updates by banks over the weekend signalling slower credit growth worsened sentiment. Banking behemoth HDFC Bank reported credit growth of 3% on-year in its quarterly update for the third quarter of FY25, which disappointed markets. The bank's shares closed 2.23% on the BSE.

この蚘事は Hindustan Times の January 07, 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Hindustan Times の January 07, 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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