India less exposed to US slowdown, but stock markets of both countries show strong correlation, warns Goldman Sachs

Goldman Sachs reports that while India's economy is relatively insulated from US slowdowns due to lower trade reliance, its stock markets closely mirror US equity movements, especially since 2015. Despite India's economic independence from global swings, the Nifty 50 and S&P 500 show synchronized trends. Caution is advised regarding corporate cost structures amid potential sector-specific impacts.

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