Synopsis Indian stock markets are still expensive on an aggregate basis notwithstanding the higher growth that India is witnessing versus other emerging markets. Countries across the world are now targeting inflation by raising interest rates to counter inflationary pressures. Related Sensex pares most losses on fag-end buying, ends 111 pts lower; ONGC, RIL tank up to 13% Fearful and clueless! Worries over deeper sell-off keeping Nifty bulls on edge FIIs dump Indian stocks worth Rs 50,000 crore in June. Is the worse ahead? INSIGHTS Read Stock Insights by ET for a quick analysis NSE BSE Orbit Multimedia Ltd. PEER COMPANIES Explore Now The correction in domestic equity markets has remained a key concern for investors. Benchmark indices BSE Sensex and Nifty have plunged more than 10 per cent in the first half of 2022. The pain is more severe for broader markets where the midcap index has plunged more than 13 per cent, while the smallcap index is down by 17 per cent. Both the indices have plunged about 20 per cent from their 52-week highs, signalling they are in bear grip. For context, NASDAQ is already in the bear market territory after falling more than 20 per cent in… Read full this story
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