Business

Why the Indian stock market stays resilient amid US market turmoil? EXPLAINED

Despite turmoil in the US stock market, the Indian stock market shows resilience in March, gaining 1.6% while US indices dropped significantly. The Nifty 50 remains largely unaffected by Wall Street's chaos, reflecting strong domestic sentiment amidst fears of a recession.

The Indian stock market, which has been under significant pressure since October last year, has exhibited remarkable resilience in March so far against the recent turmoil in the US stock market amid fears of a looming recession caused by US President Donald Trump's aggressive tariff policies. Wall Street's chaos has not impacted domestic market sentiment much. In fact, the Indian stock market has remained largely unaffected by the sharp swings in the US market.

For example, key Wall Street indices, the S&P 500 and the NASDAQ Composite, have crashed 6 per cent until 12 March this month and 3 per cent this week, while the Indian stock market benchmark Nifty 50 has gained 1.6 per cent in March but is down just 0.40 per cent this week.

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