Efforts at raising debt capital in India has seen remarkable milestones. The month of September 2024 was special registering a 15-month high. Click here to read the October edition of NSE Market Pulse : https://t.co/rayFjYGceQ#StockMarket #Investing #Investment #Nifty50… pic.twitter.com/4hToQKRF8t
— NSE India (@NSEIndia) October 31, 2024
India’s stock market is facing a test as global investors pull money out of the country during the festive Diwali season. The benchmark Sensex index has dropped about 5% since the start of October after hitting a record closing high on Sept. 26.
Foreign investors are selling Indian stocks and focusing more on China, hoping for stimulus from the Chinese government. Rising food prices in India during Diwali are also a concern. These shifts have led to notable changes in stock indices.
The equity mainboard issuance in H1FY25 has achieved many highs in FY25 reflecting strong market momentum. Participation by domestic and global investors has fuelled this momentum. Click here to read the October edition of NSE Market Pulse : https://t.co/rayFjYGceQ#StockMarket… pic.twitter.com/IVMsqy1mJh
— NSE India (@NSEIndia) October 30, 2024
Festive fluctuations in India’s stocks
Hyundai India shares fell 7.1% in their debut after a $3.3 billion IPO. The Indian real estate sector has seen significant interest, with more Indians buying larger, swankier homes as wealth spreads.
Sensex Today | Stock Market LIVE Updates: Sensex starts 100 points higher, Nifty around 24350; L&T zooms 4%#Sensex #Nifty #StockMarket https://t.co/h73DU7sDXw
— ET NOW (@ETNOWlive) October 31, 2024
#MarketRadar | November seasonality: Understanding market moves over the last 10 years
How many times have the indices closed in green? Which stocks have given the maximum average returns over this period? @soumeet_sarkar has all the details#Nifty #StockMarket pic.twitter.com/o8w2anl6Aw
— ET NOW (@ETNOWlive) October 31, 2024
Asia’s markets are also considering what potential changes in U.S. politics, such as a hypothetical return of Trump, could mean for trade and economic policies. Geopolitical tensions, like the ongoing India-Canada dispute over the Sikh separatist murder case, could also impact the market. As the Tokyo Stock Exchange prepares to extend trading hours from Nov.
5, it’s clear that the region’s markets are in a state of flux, influenced by both economic policies and geopolitical issues. The shift of foreign investors towards China and concerns over rising food prices in India highlight the current volatility in India’s stock market during this traditionally festive period.
