India's market losses fuel a debate over the global sell-off

One post says India's market fell 1.6% on September 28, alongside declines of 2.7% in South Korea and 2.2% in China. It attributes the sell-off to oil prices, rising US bond yields and Middle East tensions rather than capital-gains taxes. Another post challenges that global framing by pointing to 2026 year-to-date returns. Separate posts claim ₹17 lakh crore in investor wealth has been wiped out and that the Indian market has lost nearly 3,300 points since a 7.8% GDP growth announcement. A further post circulates a rumor that Finance Minister Nirmala Sitharaman has begun paperwork to reduce market taxes.