Mid-caps and small caps have outperformed the most, followed by the Nifty50 index. But what has been a constant pattern in the last 18 months has been profit booking at the end of these quickly spurted rallies, taking markets down again.
US stocks: US market falls as hot inflation, hawkish Fed fuel rate-hike fears
US stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and raised the possibility of more aggressive tightening.