Shock resistance: why it’s time to put the horse back before the cart in India’s stock market
· livemint.com
Indian equity indices seem over-sensitive to bad news from West Asia, as we saw last week after a Trump jolt. Amid weaker inflows of global capital, corporate performance will now need to play the workhorse drawing the index cart.
American stocks were hit the least, although Trump had softened his words by the time trading began; the industrial-heavy Dow lost a bit over 1% and the S&P-500...