Indian equities enter Tuesday under heavy pressure after a sharp Monday selloff erased nearly Rs 8 lakh crore in market value, with the Sensex tumbling 1,124 points and the Nifty losing more than 360 points. Traders will watch crude oil, bond yields, foreign flows, global risk sentiment and rate-hike expectations for signs of whether the market can stabilise or extend its decline.
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"Oil, Yields and Geopolitics Set the Tone After Sensex Rout"
Indian equities enter Tuesday under heavy pressure after a sharp Monday selloff erased nearly Rs 8 lakh crore in market value, with the Sensex tumbling 1,124 points and the Nifty losing more than 360 points. Traders will watch crude oil, bond yields, foreign flows, global risk sentiment and rate-hike expectations for signs of whether the market can stabilise or extend its decline.
Oil, Yields and Geopolitics Set the Tone After Sensex Rout
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (12:27 AM IST)•5 min read
Indian equities enter Tuesday under heavy pressure after a sharp Monday selloff erased nearly Rs 8 lakh crore in market value, with the Sensex tumbling 1,124 points and the Nifty losing more than 360 points. Traders will watch crude oil, bond yields, foreign flows, global risk sentiment and rate-hike expectations for signs of whether the market can stabilise or extend its decline.
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