Why Indian Stock Markets Are Slowing Despite The Recent Rally | Govindraj Ethiraj | The Core Report

On Episode 904 of The Core Report, journalist Govindraj Ethiraj looks at why Indian stock markets are slowing despite the recent rally, how West Asia is shaping investor caution, and what the rupee problem reveals about India’s balance of payments. This episode features an excerpt from The Core Report Special Edition with Gauri Shankar Nagabhushanam, CEO of CapitaLand India Trust, on India REITs, data centres and real estate investment opportunities. It also features an excerpt from How India’s Economy Works, hosted by journalist and author Puja Mehra, with economist Renu Kohli on why India’s rupee pressure is linked more to the capital account than the current account. SHOW NOTES: (00:00) Stories of the Day (01:00) Indian markets turn cautious despite the recent rally (06:50) India UK FTA to begin as Indian companies expand UK investments (07:59) Mumbai faces water stress as lake levels fall (09:00) CapitaLand India Trust CEO on India REITs and data centre investments (22:37) India’s rupee problem, capital flows and balance of payments Markets, The War, IPOs and The Rupee: Indian stock markets are still rising, but the recent rally is losing pace as investors watch West Asia, oil prices and global risk. Govindraj Ethiraj explains why market caution is growing, how Indian stock markets are reacting to US Iran developments, and why lower crude oil prices could support sentiment. The episode also looks at IPO momentum, including the expected Reliance Jio IPO, and how large Indian banks are tapping overseas borrowings. The rupee has strengthened from recent lows, but the bigger question is whether RBI measures and foreign capital inflows can sustain the move. What Is The Latest on the India UK FTA? The India UK free trade agreement is set to move ahead, even as concerns over steel tariffs remain. Indian and French companies are also stepping up investments in the UK, especially in clean energy, battery storage and technology. How Is Mumbai Coping With The Late Monsoon? Mumbai is facing one of its driest Junes in over a decade. With lake levels falling and water cuts already in place, the city is watching the delayed monsoon closely. What Opportunities Are There In REIT Investments? Gauri Shankar Nagabhushanam explains CapitaLand India Trust’s India journey, the future of REIT investments, why data centres are attracting institutional capital, and why India remains a strong office and real estate market. He explains how India’s REIT market is different from regular real estate investing, why stable rental income matters, and how data centres have become a major opportunity because of AI, cloud infrastructure and hyperscaler demand. What Is India’s Balance Of Payments Deficit? Economist Renu Kohli explains why India’s rupee pressure is not just about the current account deficit. The bigger concern lies in the capital account, foreign inflows, borrowed reserves and the balance of payments deficit. She explains why India’s forex reserves are often described as borrowed reserves, how foreign direct investment and portfolio flows affect the rupee, and why a balance of payments deficit can pressure the currency even when the current account deficit appears manageable. For viewers tracking Indian stock markets, the rupee, RBI policy, foreign capital, IPOs, REITs, data centres, India UK FTA, Mumbai water crisis and India’s economic outlook, this episode connects markets, geopolitics, real estate investment and macroeconomic risk. Stay with Govindraj Ethiraj on The Core Report for sharp business news on why Indian stock markets are slowing despite the recent rally. From the rupee, RBI policy, foreign capital and IPOs to REITs, data centres, India UK FTA and Mumbai water crisis, this episode connects The Core Report Special Edition and How India’s Economy Works to India’s economic outlook. #IndianStockMarket #Rupee #IndiaEconomy #BusinessNews #StockMarketNews #TheCoreReport #TheCore Join The Core Insider to get access to perks:    / @thecore_in   Listeners! We await your feedback: https://tinyurl.com/TCR-Listener-Survey The Core & The Core Report is ad supported & FREE for all readers & listeners. Write in to [email protected] for sponsorships & brand studio requirements. For more of our coverage check out thecore.in (https://www.thecore.in/) Support the Core Report (https://tinyurl.com/Support-the-Core-...) Join & Interact anonymously on our WhatsApp channel (https://tinyurl.com/The-Core-WhatsApp...) Subscribe to our Newsletter (https://www.thecore.in/newsletters/th...) Follow Us on Social Media for More Updates: Twitter (  / the_core_in  ) Instagram (  / the.core.in  ) Facebook (  / thecore.biz  ) Linkedin (  / thecore-in  ) Youtube (   / @thecore_in  )