Increased Sell-Offs in the Indian Stock Market Due to the US Fed's Delayed Rate Reduction
US Fed's Delayed Rate Cuts Prompt Selling Pressure
US Fed Chair Powell's cautious stance on inflation delays rate cuts, triggering selling pressure in Indian stocks amid global market uncertainties.
Indian Indices Witness Declines
Nifty 50 and Sensex experience 2.65% and 2.79% declines, respectively, amidst escalating tensions, rupee depreciation, and FIIs' selling pressure
Company Details Declines in Mid-Cap and Small-Cap Indices
IT stocks, including Infosys, witness declines amid concerns over prolonged rate hikes and moderation in earnings growth, affecting mid- and small-cap indices.
Rise in US bond yields prompts FPIs to reallocate funds, leading to capital outflows from Indian equities. Indian rupee hits fresh lows against the US dollar.
FPI Outflows and Rupee Depreciation Add to Market
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