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Indian markets straggle behind US and Europe in October, shows data

However, on a YTD basis, the S&P BSE Sensex declined 7%. The Dow fell 9.6%; the Euro Stoxx 50 down 26%

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A contraction in manufacturing, services, and lower-than-expected US home sales indicated some progress was being made in the Fed’s battle against runaway inflation

Sundar Sethuraman

2 min read Last Updated : Oct 31 2022 | 6:15 AM IST

Markets in the US and Europe have tried to play catch-up with their Indian counterparts. After underperforming India on a year-to-date (YTD) basis, the US and European markets have outperformed India so far this month by a wide margin.

In October, the Dow Jones Industrial Average (Dow) gained 14.4 per cent; the Euro Stoxx 50 gained 9 per cent. By comparison, the Indian market gained less than 3 per cent in US dollar terms.

However, on a YTD basis, the S&P BSE Sensex declined 7 per cent. The Dow fell 9.6 per cent; the Euro Stoxx 50 down 26 per

Topics : US stock markets stock markets US Federal Reserve

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