Indian stock markets are experiencing their longest slump in recent years, with FIIs selling at unprecedented levels and small- and mid-cap stocks taking significant hits. In this episode, we break down the factors driving this downturn, examine global market influences, and analyze whether this is a temporary correction or the beginning of a prolonged decline. Host Anirban Chowdhury speaks with ET’s markets editor Nishanth Vasudevan about why India’s stock market—once considered the darling of global investors—is now under immense pressure, facing record sell-offs, declining corporate earnings, and increasing competition from China and the U.S. What triggered this dramatic shift? Is a rebound on the horizon?
You can check out ET Wealth and Beyond for more episodes featuring our guest, Nishanth Vasudevan.
Check out other interesting episodes from the host like: Corner Office Conversation with Arundhati Bhattacharya, Chairperson & CEO, Salesforce India, India vs TB: Where are we at?, Maha Kumbh: Business in Blessings, X or Exchanges? Should Market Disclosure Rules Taper Down?, and more!
You can follow Anirban Chowdhury on his social media: Twitter and Linkedin
Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.

Subrata Mitra on India’s VC Reset, the AI Capital Race and What Comes Next
45:50

HDFC Bank’s CEO Hunt
11:21

Subhash Chandra’s Insolvency Maths
13:15