People that are buying commodities are sitting on weaker and weaker currencies,” he said, referencing emerging-market and euro-area buyers. “You’re probably going to see a downturn in commodity prices.
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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