
Stock market mayhem: Will history repeat itself?
Source: Live Mint India’s Nifty 50 index is down 14% from its peak of 26,216.05 on 26 September. As such, the Indian equity market is also underperforming key global peers so far in 2025. A saving grace is India’s premium valuations have now got a reality check. The one-year forward price-to-earnings multiple of MSCI India…