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"The equity market correction could result in a moderation of household investment and urban consumption demand, and that could possibly weigh on economic growth," said Gaura Sen Gupta, India economist at IDFC FIRST Bank.
A man stands in front of a screen displaying news of markets update inside the Bombay Stock Exchange (BSE) building in Mumbai, India, January, 3, 2020. REUTERS/Francis Mascarenhas/File Photo
Credit: Reuters
