Market move● Neutral for Indian equities
Has the Indian stock market bottomed out after reaching six-month low or more downside left? What experts suggest
The brief
- The Nifty 50 rose 0.60% on 5 October as crude prices fell and US jobs data softened
- Analysts remain sceptical that the market has bottomed, the report says
- Further downside would affect Indian equities broadly, while lower crude can support oil-importing companies
- Asian shares rise as softer US jobs data cools Fed rate-hike bets
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- Why bond investors quickly lost their enthusiasm for weak labor figures
- Nasdaq hits record as weak US jobs data cools rate-hike bets
- US Stock Market Today: Nasdaq Jumps 1%, Dow Up 300 Points As Yields Retreat After Weak Jobs Data