A key recession indicator highlighted by Rosenberg is the inverted yield curve, which has been inverted for 13 months, the longest period since 1979-80.
He described the current global landscape as possibly the most perilous in decades. Geopolitical tensions in Ukraine, Israel, and Gaza have potential repercussions on energy and food supply, trade, and geopolitical relationships, he said during a recent address.
Foreign institutional investors net bought shares worth Rs 550.19 crore, while domestic institutional investors purchased Rs 609.82 crore worth of stocks on November 15, provisional data from the National Stock Exchange showed.