CNBC's Inside India newsletter: A disconnected stock market
Publishing timestamp: 2024-05-10 12:37:41
Summary
Warren Buffett's bet on S&P 500 outperforming hedge funds also outperformed Indian stock indexes. Indian stocks have underperformed, with concerns about valuation and competition. Indian stock market facing uncertainty due to politics. Some Indian stocks deflating out of bubble. Opportunities still exist for investors. Modi casts vote in election. Four arrested for luring men to fight for Russia. Mumbai Indians knocked out of IPL. Indian stock market indexes down for the week. Various companies discussed on CNBC TV. Elections ongoing with counting to begin on June 4. Aadhar Housing Finance and TBO Tek to list on stock exchanges next week.
Sentiment: MIXED
Tickers: .BSESNTR, INR=, TCS-IN, INDA, .NSEI, QCOM, PAYTM-IN, HDFCBANK-IN, .DXY, ACWI, TEP-FR, .SPX,
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Source: https://www.cnbc.com/2024/05/10/cnbcs-inside-india-newsletter-a-disconnected-stock-market.html