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%.
この記事は Mint Hyderabad の January 03, 2025 版に掲載されています。
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この記事は Mint Hyderabad の January 03, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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