RBI's 'Calibrated Tightening' Drags Indian Markets Lower Amid Global Headwinds
· rediff.com
Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the Reserve Bank of India's (RBI) recent repo rate hike and its signal for continued monetary tightening, coupled with rising crude oil prices and foreign fund outflows. Track Sensex, Nifty on October 8.
Indian stock markets, including the Sensex and Nifty, experienced a downturn following the Reserve Bank of India's decision to raise its repo rate and signal fu...