India's 13% stock slide may not be a buying chance yet, Spark Capital says
Spark Capital's Thyagesh Baba says the 13% fall in the Nifty 50 this year may not draw investors back yet, given slowing growth and elevated oil prices.
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what happened
The Nifty 50 is down 13% this year, but investors may not return yet, according to Thyagesh Baba, non-executive director at Spark Capital Advisors. He pointed to slowing growth, high oil prices and stretched valuations as factors that could limit near-term returns.
Nifty 50 companies are expected to report 20% profit growth in the September quarter, the fastest pace in three years. Baba said future gains will likely depend more on earnings delivery than on broad valuation gains.
The report was published by TradingView, citing an interview with Reuters.
why it matters
Key swing factors for Indian stocks are the return of foreign investors after record outflows and easing crude prices. A healthier banking system and lower corporate leverage support the longer-term picture, but equities remain sensitive to oil costs.
market impact
Indian stocks: high oil prices and rich valuations weigh on the market
- Nifty 50 mixed — strong profit growth supports the index, while rich valuations and oil costs hold it back
instruments
sources
- India stocks' 13% slide may not be a buying opportunity yet, Spark Capital says — TradingView, 28 October 2026 at 11:45 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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