IT stocks were the worst hit as the BSE IT index slumped over 22% during the period amid worries around the impact of the recession on margins as well as demand. The realty index was hit equally badly as interest rates began to rise.
US-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite this, Asian equities rebounded sharply
NSE has signed an MoU with Bharat Metal Exchange to promote non-ferrous metal derivatives in India, aiming to strengthen price risk management and market participation.
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