Under economic slowdown, the Indian stock market has "become expensive," with overseas investors net withdrawing $750 million in 2024

Due to concerns about the slowdown of the Indian economy and rising valuations, overseas investors net withdrew $750 million in 2024, leading to a dampened market sentiment. Although the Indian stock market has risen for the ninth consecutive year with support from domestic buying, the return rate is only 9%, underperforming its international peers. Factors such as high interest rates, weakening consumer enthusiasm, and a depreciating rupee have exacerbated market challenges. Analysts point out that changes in the Federal Reserve's policy may further impact foreign capital outflows