Why Indian Stocks Are Taking a Hit: Banks and Consumer Goods Struggle After Disappointing Q3 Reports
On January 6, 2025, India's stock market witnessed a turbulent session as weak Q3 earnings reports from banking and consumer goods sectors triggered a sharp decline. While the IT sector showed resilience, it wasn’t enough to counter the overall market dip. Investor sentiment was dampened by lackluster Q3 results and growing concerns about t