New Delhi: All the emerging markets indices saw negative performance in January with China being the worst performer at 10.6 per cent. As far as developed markets are concerned, Japan emerged as the best performer at 4.6 per cent, as per a report by Motilal Oswal Asset Management Company. Nifty 50 declined by -0.03 per cent in January 2024. However, the index has shown positive growth since the past year, the report said. This year’s turmoil in China has sparked a stock meltdown, blown up structured financial products, led to public disgruntlement, and now Chinese President Xi Jinping has put a new market regulator in control, Bloomberg reported. Yet powered by the US tech euphoria, global
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