Archive · 24 Jul 2026
Indian Markets Resilient Amid Student Protests
There are big protests in India because of a leaked exam paper.
Students want the Education Minister to resign, but the government says no.
The protests are happening in New Delhi, and the police have used tear gas and batons to control the crowds.
Despite the protests, the stock market and other financial things in India are still doing okay.
The government says they are punishing the people who leaked the exam paper.
The market is more worried about other things, like the price of oil and the weather affecting crops.
The government and the opposition are arguing in parliament, and the next big election is next year.
Student protests in New Delhi over exam paper leak and demands for Education Minister's resignation.
Markets remain resilient with steady equities and low volatility despite protests.
Rupee slipped 0.3% this week, driven by oil-price outlook rather than protests.
10-year bond yield capped below 7% amid foreign inflows.
Government and opposition locked in impasse over Education Minister's resignation.
- Who
- Students, Prime Minister Narendra Modi, Education Minister Dharmendra Pradhan, Opposition
- What
- Student protests over exam paper leak and demands for government accountability
- When
- Protests started on June 6, escalated on July 20
- Where
- New Delhi, India
- Why
- Leak of national medical entrance exam paper and alleged student suicides
Government's Stance
Opposition's Stance
Education Minister's Resignation
Government's Stance
The government is willing to debate allegations but insists on not resigning the Education Minister.
Opposition's Stance
The opposition insists that Education Minister Dharmendra Pradhan must resign.
- Protest Cause
- Leak of national medical entrance exam paper
- Key Market Indicator
- India VIX below June 6 level
- Rupee Movement
- Slipped 0.3% this week
- 10-Year Bond Yield
- Capped below 7%
- Foreign Funds Withdrawal
- $27 billion in 2026
- RBI's Immediate Risks
- Uncertainty in Middle East and deficient monsoon