India’s Stocks Set to Erase 2024 Gains, Signs Point to More Pain
- Nifty 50 Index is down 3% from its high earlier in March
- Investors weary on regulatory warning of froth in small caps
The Bombay Stock Exchange (BSE) building in Mumbai, on March 15.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
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Indian stocks are poised to erase gains this year as regulatory warnings of growing froth in the market weigh on sentiment.