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Chief Economic Adviser: Market Volatility and Uncertainty May Persist Until 2027
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CNBC Awaaz•30-09-2026, 20:10
Chief Economic Adviser: Market Volatility and Uncertainty May Persist Until 2027
- •India's Chief Economic Adviser stated significant uncertainty and volatility in the market.
- •This phase of market instability could continue as we approach 2027.
- •High oil prices in September caused substantial problems, contributing to ongoing economic challenges.
- •Economic challenges are expected to persist from October to March, with external challenges increasing monthly.
- •Sensex closed down 49 points at 72,480 and Nifty down 96 points at 22,620, though bank stocks and the midcap index showed some gains.
Key Questions Answered
According to the Chief Economic Adviser, market uncertainty and volatility could continue as we approach 2027, with economic challenges persisting specifically from October to March.
High oil prices caused significant problems in September, and external challenges are increasing every month, raising the downside risks to global growth.
The Sensex closed down 49 points at 72,480 and the Nifty dropped 96 points to 22,620. However, bank stocks performed well and the midcap index closed with a slight gain due to selective buying.
