Wall Street's AI Wipeout Hits Asia, But India Shrugs Off Crash. Here's Why
NDTV · Prateek Shukla ·
Stock Market News: Perhaps the biggest reason behind India's market resilience is the sudden return of foreign institutional investors.
- Global sell-off hit Wall Street and Asia but Indian stocks rebounded sharply by midday
- Foreign investors bought nearly Rs 15,000 crore in Indian shares, boosting market confidence
- Falling oil prices eased inflation and currency concerns, aiding positive market sentiment