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Market move▼ Bearish for Indian equities
Nifty Breaches 22,600, And Experts Say Recovery Is Far Off
The brief
- Nifty breached 22,600
- Experts advised investors not to panic, citing India’s strong medium- and long-term fundamentals
- Market weakness directly affects Indian equity investors across sectors
- Rethinking the dollar
- Gdp growth News: Gdp growth Latest News, Gdp growth Today news, Gdp growth Breaking News
- Gold holds near seven-week low, US economic data on tap
- Gold steadies near seven-week low after 4% plunge as Fed hike bets rise
- Gold trades near seven-week low as rate-hike pressure mounts
Indian shares fall as oil prices rise
The Nifty fell to a six-month low, with Brent nearing $108 a barrel and oil-price concerns and rising US bond yields weighing on shares. More than ₹7.5 lakh crore in market capitalisation was erased, and 18 of 50 Nifty stocks were over 20% below their 52-week highs.
Tuesday, 29 September
- Nifty Breaches 22,600, And Experts Say Recovery Is Far Off