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India's GDP is booming, but stock market is crashing: What's going wrong?

Asia-Pacific 1 source 1 country 🔦 Under-reported 40m ago

India is experiencing a robust economic expansion with a GDP growth rate of 7.8 percent, prompting the World Bank to revise its growth outlook upward to 7.1 percent.

Despite this strong macroeconomic performance, the Indian stock market on Dalal Street has encountered turbulence, with benchmark indices suffering losses exceeding one percent.

Market analysts attribute this downturn primarily to foreign investors offloading shares and rising bond yields globally, which has fostered a cautious investment climate.

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Read the full story at the source Times of India · IN ↗
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