INDIA'S WOBBLE, AMERICA'S WILL, AND CHINA'S REAWAKENING

India faces fork in the road as outflows overshadow growth

- SAMIE MODAK

India and the US - two of the world's major markets and standout performers - have shown divergent performances over the past month.

India's benchmark Nifty 50 has declined 5 per cent from its peak of 26,216 reached on September 26. In contrast, the S&P 500 in the US has increased by 2 per cent during the same period, achieving several new highs.

On Friday, both the S&P 500 and the Dow Jones recorded their sixth consecutive week of gains - the longest winning streaks since late 2023.