So far, in 2022, the Nifty IT index has declined 28%, while the Nifty Bank gained 16% to an all-time high on Thursday. The Nifty has risen 3% in this period and is about 4% away from its record high.
Markets overlooking macro stress, says Kunal Vora amid oil and currency shock
Despite a calm surface, Indian equity markets face mounting macroeconomic pressures from rising crude oil prices and a weakening rupee. Experts warn that current market