Interpreted Prediction
If the Bank of Japan raises interest rates, Foreign Institutional Investors (FIs) who have borrowed in Yen and invested in the Indian market may repay loans, leading to increased stock selling.
AI Evaluation Notes
The Bank of Japan (BOJ) raised interest rates in March 2024, which may have led to some repatriation of Yen from foreign investments, including the Indian market. While it's difficult to definitively quantify the impact solely from this event, it's plausible that some stock selling occurred, aligning with the prediction.
Prediction Details
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