However, incremental sharp outflows from EMs like India going ahead could indicate that the current expectation of a terminal interest rate of 4.5-5% for the US will be breached on the upside going forward and remains a key risk, the analysts said.
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj
Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation
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