Influence of Global Economic Factors on Indian Stock Markets
Haliys Smit
Global economic factors like inflation, crude oil prices, and US interest rates are significantly impacting the Indian stock markets in 2024
In 2023, India's stock market faced volatility as global inflation hit 6.5%, leading to fluctuations in investor sentiment and market performance
The US Federal Reserve's interest rate hikes, including a 0.25% increase in March 2024, added pressure on foreign investments in Indian equities
Oil prices, which soared to US$95 per barrel in early 2024, contributed to rising costs in India, affecting key industries like energy and manufacturing
For crypto investors, global economic trends are essential to watch, as they can shape investment strategies in Indian and international markets