News From Press Equity market likely to remain skittish as risks mount, say experts

Equity market likely to remain skittish as risks mount, say experts

Source: Business Standard Oct 27, 2023

After the latest downturn, the benchmark National Stock Exchange Nifty is down 1,365 points, or 6.8 per cent, from its peak of 20,222.5 on September 15, 2023. Experts don’t rule out further correction amid a slew of headwinds, such as rising US bond yields and crude oil prices, geopolitical uncertainties, and earnings disappointments. Additionally, India’s general elections could emerge as another uncertainty if state election results are not favourable, experts added.

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