Shock resistance: why it’s time to put the horse back before the cart in India’s stock market
India’s stock market recovery, a steady if slow incline, was rudely interrupted last week by the word “over” used by US President Donald Trump to describe America’s truce memo with Iran. Both the Nifty-50 index and BSE Sensex fell by more than 2% after that news came in. Barring South Korea’s Kospi, which suffered a tech sell-off, no major market fared worse.
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