scorecardresearchIndia underperforms global markets in May; earnings provide a silver lining: Motilal Oswal

India underperforms global markets in May; earnings provide a silver lining: Motilal Oswal

Updated: 03 Jun 2022, 11:02 AM IST
TL;DR.
  • Nifty fell about 3 percent in the month of May while in the calendar year so far, the index is down about 4 percent. On the other hand, the China market is down 11 percent, S&P 500 is down 13 percent and Germany, France and Japan markets are down up to 15 percent.
Corporate earnings continued to remain healthy in Q4FY22 and instilled a ray of hope, amid the grim situation plagued by the disruptions mentioned above. Photo: Pixabay

Corporate earnings continued to remain healthy in Q4FY22 and instilled a ray of hope, amid the grim situation plagued by the disruptions mentioned above. Photo: Pixabay