The Indian stock market slid in September, extending its run of losses in 2018, and has seesawed since. Higher oil prices fed through into inflation concerns; rising interest rates; a fall in the exchange rate between the Indian rupee and other key currencies such as the US dollar; and what appears to have been, a liquidity squeeze (where some companies found it hard to borrow money).
29 Nov 2018
Shakeout uncovers value
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Shakeout uncovers value
India Capital Growth Fund Limited (IGC:LON) | 168 0 0.0% | Mkt Cap: 146.1m
- Published:
29 Nov 2018 -
Author:
Ed Marten -
Pages:
13
The Indian stock market slid in September, extending its run of losses in 2018, and has seesawed since. Higher oil prices fed through into inflation concerns; rising interest rates; a fall in the exchange rate between the Indian rupee and other key currencies such as the US dollar; and what appears to have been, a liquidity squeeze (where some companies found it hard to borrow money).