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Friday 15th of November 2024 07:20:14 AM |
IN
NIFTY MIGHT DROP ANOTHER 10% AMID HEAVY FII SELLING AND DOWNGRADES
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Nifty has plunged 10% from its high, reaching a 5-month low near 23,500 as FIIs withdraw ₹1.2 lakh crore from Indian markets. Weak Q2 earnings have driven further downgrades, and analysts, including CLSA's Laurence Balanco, expect this underperformance may extend into Q1 2025.
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NIFTY MIGHT DROP ANOTHER 10% AMID HEAVY FII SELLING AND DOWNGRADES
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