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Bleak Winter! Why analysts are hinting at painful October even after 8 weeks of Nifty correction?
The global backdrop remains the biggest problem. US yields above 5%, a firm dollar, higher crude prices and rupee weakness make India more vulnerable.
Indian equities enter October bruised after one of the sharpest monthly sell-offs in recent years, with the Nifty falling nearly 6% in September and logging its eighth straight weekly decline, the longest losing run in 25 years. The Nifty and Sensex ... [5742 chars]
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