Barrage of stock supply is latest test for Dalal Street
- Posted on October 18, 2024
- By Business News Today
- 1 Views
Barrage of stock supply is latest test for Dalal Street
A surge in share supply from IPOs, such as Hyundai's $3.3 billion listing, and institutional sales is pressuring Indian equities amid weak earnings and $7 billion in foreign investor outflows. Despite strong domestic investments, the NSE Nifty 50 Index is down over 5%.
