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Podcast: Bharatvaarta
Episode: 164 - Will The Stock Market Crash? | Nimish Joshi | Rajeev Mantri | Bharatvaarta
Description: Domestic equities rose to their peak levels in October on strong global cues with P/E multiples touching 31 for the Sensex. This then prompted a sell-off by foreign investors, prompting them to pull a whopping ₹13,550 crore from Indian equities during the month. Indian stocks have witnessed a heavy outflow of foreign investment - a key driver for domestic equities - over the past two months.  Benchmarks like Sensex have corrected nearly 10 per cent from their record high levels. Both the Sensex and Nifty tanked about 2.5% each as concerns about risks from the rapid spread of the omicron coronavirus variant pro...