Stock market crash: Nifty down 9% from peak; PL expects moderate returns from Indian stock market
Live MintStock Market Crash: Indian equity markets faced a sharp correction on Thursday, December 19, with key indices losing over 1 per cent after the US Federal Reserve’s outlook for 2025 rate cuts disappointed investors. Key Market Trends The report identified a uniform decline in investment styles over the past three months, with low volatility and momentum factors each dropping by approximately 6 per cent. Notably, Nifty earnings recorded their slowest growth since June 2020, coinciding with India’s GDP growth slowing to 5.4 per cent for the July-September quarter—its weakest pace since Q3 FY23. Market Outlook Commenting on the market outlook, Siddharth Vora, Head of Quant Investment Strategies and Fund Manager at PL Asset Management, said FII outflows have begun to taper off compared to the ₹115,000 crore seen in October due to global investors increasing their India allocations while reducing exposure to China amid escalating U.S.-China tensions and Donald Trump’s proposed 10 per cent tariffs on Chinese goods.