The Indian stock market is witnessing heightened volatility and the Nifty 50 has dropped over 4% from its peak. Uncertainty over the ongoing Lok Sabha elections, weak global cues, unimpressive Q4 results and relentless selling by foreign institutional investors have been weighing on Indian equities. The key trigger for the […]
why stock market is down
Indian equities are likely to trade with a downward bias ahead of general elections results, but analysts do not expect a prolonged correction with the market expected to offer buy-on-dip opportunities. Premal Kamdar, Analyst at UBS Securities said he remains cautious on small- and midcap (SMID) companies due to rich […]