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 Kolkata 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。
すでに購読者です ? サインイン
この記事は Mint Kolkata 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。
すでに購読者です? サインイン
The Perks of Reflection and Daily Me-Time
Introspection helps one think more clearly, says Spinny CEO Niraj Singh
Hiring Is Just The First Step Towards Inclusion
Persons with disabilities and those from marginalized groups need mentors and a supportive environment to grow in their careers
It's Your Touch That Will Push an AI Co-worker to Do Better
AI agents help break down silos and improve decision-making and collaboration, but it's people who can leverage their benefits
The Digital Data Protection rules have hits and misses
Some provisions can set a global example for age-gating but others would overburden data fiduciaries
Budget: It must aim to engineer India's economic transformation
The target of Viksit Bharat by 2047 requires the budget to balance immediate challenges with long-term development goals
The 'Asian Aunty' is smashing ageist and gender stereotypes
'Aunty' leaders are tackling a widely normalized form of 'othering'
Public debt: Do not let it eclipse the fiscal deficit
The Centre's plan to adopt debt as its new focus for budget prudence after 2025-26 does hold merit but we must not lose track of the fiscal gap. It'll remain a valuable economic indicator
Get public-private partnerships right for target-oriented growth
The UK's new government should engage the private sector with deals that achieve public objectives
Longevity Is Usually A Reward For Being Unspectacular
Careers That Endure Are Typically Not Spectacular. This Is So In Politics As Well As Other Fields
How To Use Home Loan Interest As Acquisition Cost
With reasonable housing loan interest rates, many taxpayers use loans for residential property purchases.