India

Sinais

India Banks Drawdown+3 pts

Indian banks (IBN, HDB) -8% in 5 days — banking sector stressPor que importa: Indian banks are key indicators of domestic financial health and NPA risk

India Credit Stress+2 pts

India bond proxy (IGIB) underperforming — credit deteriorationPor que importa: Credit stress in India signals tightening financial conditions and potential NPA issues

India Credit Drawdown+2 pts

India credit proxy -5% in 5 days — broad credit deteriorationPor que importa: Sustained credit drawdown indicates deepening financial stress in India

India Market Drawdown+2 pts

India ETF (INDA) -5% in 5 days — broad Indian equity weaknessPor que importa: Broad equity weakness confirms stress is affecting the wider Indian market

Rupee FX Stress+2 pts

INR/USD move >3% in 3 days — rupee depreciation pressurePor que importa: Rapid rupee weakening signals capital outflows and potential RBI intervention

India Volatility Elevated+1 pts

India market volatility above 35 — elevated uncertaintyPor que importa: Elevated volatility indicates market uncertainty and potential for sharp moves

India Market Stable+0 pts

India ETF (INDA) holding above -3% over 5 days — no broad sell-offPor que importa: Market stability indicator — if met, stress may be contained to specific sectors

India Real Estate Drawdown+2 pts

India REITs -10% in 5 days — property sector stressPor que importa: Indian real estate stress signals potential NPA issues in banking sector

India Market Stable+0 pts

India ETF (INDA) holding above -3% over 5 days — no broad sell-offPor que importa: Market stability indicator — if met, stress may be contained to specific sectors

Instrumentos monitorados

MKT — iShares MSCI India ETF (INDA)

Broadest India equity proxy. Tracks large and mid-cap Indian companies.Calma 5d > -1% · Atenção 5d -1% to -3% · Estresse 5d < -6%

BANK — Indian Banks (ICICI, HDFC)

Indian banks are key indicators of domestic financial health. Exposed to NPA (non-performing asset) risk.Calma 5d > -3% · Atenção 5d -3% to -8% · Estresse 5d < -8%

CRD — India Credit / Bond Proxy (IGIB)

Indian credit conditions. Weakness signals tightening financial conditions and potential NPA issues.Calma 5d > -0.5% · Atenção 5d -0.5% to -2% · Estresse 5d < -2%

TECH — India IT Sector (Infosys, TCS proxy)

India's IT sector is a major USD earner. Weakness signals global tech spending cuts and potential rupee pressure.Calma 5d > -2% · Atenção 5d -2% to -6% · Estresse 5d < -6%

FX — Indian Rupee (INR/USD)

Rupee depreciation signals capital outflows and potential RBI intervention. India's large import bill makes FX moves impactful.Calma 3d < +0.5% · Atenção 3d +0.5% to +1.5% · Estresse 3d > +1.5% depreciation

Crises passadas que atingiram esta região

• Taper TantrumMay 2013 – Sep 2013

  Fed signaled tapering QE. EM currencies and bonds sold off sharply as dollar strengthened.

  VIX máximo 21.91 · Queda do S&P 500 -5.8%