Indian equities tumble as heavyweight stocks, Fed rate worries trigger selloff
Indian equities declined sharply on Friday, with benchmark indices recording their steepest fall since Budget day as losses in heavyweight stocks and fading hopes of an imminent US Federal Reserve rate cut triggered a broad-based selloff. Continued weakness in information technology stocks further dampened market sentiment. The Sensex closed at 82,627, down 1,048 points or […]
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