BusinessPhoto: News18 BusinessIndian Stocks Outperform Global Markets In October, Goldman Sachs Reports
Indian equities were among the best-performing stock markets globally in October, outperforming the Asia-Pacific region as investors rotated away from AI-sensitive North Asian markets. Goldman Sachs noted India’s Nifty outperformed the MSCI Asia-Pacific ex-Japan index by 7 percentage points, reversing earlier underperformance. IT services stocks gained while AI-linked companies underperformed, reflecting a shift in investor sentiment after a prior decline in the Nifty.
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