FM blames excess liquidity for equity market underperformance
“Because of the ease of liquidity, ease of availability, people are even exiting easily” from equities, the Finance Minister says
In an interview with CNBC, Finance Minister Nirmala Sitharaman attributed India's underperforming equity market to excess liquidity. She explained that the abundance of liquidity and easy availability of funds has led investors to withdraw from equities more readily. Sitharaman maintained that the fundamentals of India's economy are sound, despite the current challenges in the stock market.
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