The Indian stock market fell significantly as Sensex and Nifty dropped over 1%. The downturn was driven by surging US bond yields, which reached a 19-year high. Expectations of a rate hike by the Federal Reserve added to market concerns and uncertainty. Furthermore, rising oil prices displaced investor confidence amid ongoing geopolitical tensions. Analysts suggest that continued volatility is likely, depending on global economic developments.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.