When Global Risks Hit Dalal Street: What the Market Decline Means for Corporate India
Indian equity markets witnessed a sharp correction on March 11, reflecting a convergence of global geopolitical tensions, rising energy prices and persistent foreign investor outflows. The benchmark BSE Sensex declined by 1,342 points to close at 76,863.71, while the Nifty 50 dropped 394 points to settle at 23,866.85, slipping below the psychologically significant 23,900 mark….