Monday, 28 September 2026Updated 1m ago
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▼ Bearish for Indian equities

Fitch warns AI-led market correction could trigger US recession and sub-1% global growth

2 sources · first seen 12:01 28 Sept · updated 12:23 28 Sept

The brief

Written from 2 reports · check the source before you trade
  • Downside scenario assumes a 35% drop in US stocks and 15% in non-US stocks
  • Fitch says global growth could fall below 1%
  • A global risk-off shock could pressure Indian equities, particularly export-facing IT and cyclical sectors

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Read the reports

2 reports · earliest 12:01
MoneycontrolAI pullback, 35% US stock crash could trigger 2027 recession, Fitch warns12:01Business LineAI-driven market correction could push US into recession, global growth below 1%: Fitch12:23