Japan’s Nikkei 225 fell 6.7% early Monday, extending losses from last week due to concerns over the U.S. economy dealing with high interest rates. The index later recovered some ground. The S&P 500, Dow Jones, and Nasdaq also experienced declines, amplifying fears of a potential recession in the U.S.
How Jefferies is reshuffling its portfolio as soaring bond yields give Nifty bulls sleepless nights
Jefferies is favouring largecaps as rising bond yields pressure Indian equities, citing relatively attractive valuations and a narrowing earnings gap with midcaps. The brokerage has