In October, India’s NSE Nifty 50 Index fell by 6.2%, marking its worst monthly decline since March 2020, due to increased foreign outflows. According to Jefferies Financial Group, earnings estimates for fiscal 2025 have been reduced by 2.2% during this reporting season. Despite this drop, the Nifty is still up over 10% for 2024 and … Continue reading Jefferies downgrades earnings forecasts as Nomura predicts Q3 FY25 slowdown. Nifty 50 falls 6.2% as foreign investors sell over $10B