Linkages between the two markets are more pronounced in a downturn, but that may not be the case when the market is on a strong footing. In 51 instances, when the Nifty dropped over 10%, the S&P 500 notched up gains on 13 instances.
Siemens Energy to list on exchanges after demerger; growth prospects bullish
Siemens Energy India shares are set to debut on the stock market following its demerger from Siemens. Analysts predict substantial growth, projecting a 40% CAGR