Market Specialist Sandip Sabharwal in a meeting with ET Currently explained that the current market recession is unusual, as there were no significant international occasions like 9/11 or COVID to cause it.
Regardless Of this, Indian markets have actually revealed a de-linking from international patterns. As an example, markets in Hong Kong and Germany are up 15-19% this year, also after current decreases. On the other hand, Indian markets have actually dropped, regardless of being oversold and economical. This de-linkage is unusual and questions regarding why Indian markets are relocating separately.