We are unlikely to see any meaningful increase in rates going forward. Based on the US government data, underlying growth currently hasn’t weakened much which implies that higher levels of interest rates are likely to sustain over the medium term, which would lend volatility to global markets.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII