India's stock market facade: 576 stocks down over 30% as Sensex, Nifty near record high
Indian stock market presents a dual reality. While Sensex and Nifty approach record highs, a significant number of BSE-listed stocks have seen sharp declines. Over 576 stocks are down by at least 30% from their peaks. This divergence is attributed to valuation excesses and concentrated investment flows into select large-cap companies.
Indian stock market presents a dual reality. While Sensex and Nifty approach record highs, a significant number of BSE-listed stocks have seen sharp declines. Over 576 stocks are down by at least 30% from their peaks. This divergence is attributed to valuation excesses and concentrated investment flows into select large-cap companies.
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