October proved challenging for domestic equity markets, as mounting concerns over the Middle East conflict led to a broad decline across all sectors. Sectoral indices reflected this downturn, with each registering losses over the month. However, on a calendar-year-to-date (CYTD) basis, the pharmaceutical sector stands out as a resilient performer, showing the strongest returns amidst market volatility. The downward trend wasn’t limited to India; global equity markets also experienced a similar slide, impacted by international uncertainties.
Money Trends October 2024
