Indian stocks have risen about 7% this year, outpacing their peers in Asia and emerging markets, as growth in earnings and the economy lured local and global investors. India VIX, a gauge of expected stock-price swings, has slumped 25% so far this year to near its historical low.
Markets News: Shares closed almost flat on Tuesday after a three-day rally, tracking a drop in Asian peers after China's exports shrank in October, while imports ro
Nifty small-caps and mid-caps declined 0.26% and 0.7%, respectively. Amongst sectors, Nifty Metal fell 1.4%, and Nifty IT dropped 0.8%. While Nifty Media, Pharma, PSU Bank, Realty, Healthcare, and Oil & Gas ended higher.
BSE Ltd.s small and mid-cap indexes fell 1.7% and 3.4%, respectively, in the latest month. The declines came as overseas funds sold $2.6 billion of Indian equity in October, on a net basis, their biggest withdrawal since January.