The global slump did not spare the Indian markets. The Fed scare had shaved off about 4% from Nifty in just few trading sessions with serious collateral damage to the currency and Gsec yield. Indian Rupee breached the long-held support level of 80 to move near 82 while the ten year Gsec yield surged by over 15bps. With this, the decoupling debate has been put to rest.
Sensex, Nifty’s explosive rally pushes market to pre-Middle East war levels. How long will they take to scale fresh peaks?
In a remarkable turn of events, the Indian stock market has showcased impressive upward movement this month, with the Sensex soaring to 82,000, indicating a