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Indian Stock Market Experiences Worst Month Since 2020 Amid Foreign Investor Sell-Off
TMTPOST -- The Indian stock market is on track to record its sharpest monthly decline since March 2020, driven by persistent selling from foreign investors. On Thursday, the NSE Nifty 50 index fell 0.3% to 24,279 points, pushing this month’s cumulative drop close to 6%. Similarly, the BSE Sensex index experienced comparable losses. As of Tuesday, foreign investors had net sold over $10 billion worth of Indian equities, marking a significant outflow. The sell-off reflects investor concerns about the economic outlook, leading to sustained pressure on Indian stocks. With international focus shifting and potential economic growth concerns, analysts note that the sustained foreign outflows could continue to weigh on the market in the coming weeks.
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