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The Nifty50 stocks fell for the second consecutive day in a week, with losses across most sectors, while a late-week rebound in banking stocks provided some assistance.
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Nifty Crash: Indian Share Market Is Heavily Down Indian stock market nifty indexes fell as US Federal Reserve Chairman Jerome Powell delivered hawkish remarks, implying that monetary policy will be tightened. He suggested when the US central bank might have to act more forcefully to combat inflation and stated explicitly that a half-point interest rate hike is “on the table” for the policy meeting next month. The remarks put investors off, and most European and American Nifty50 stocks fell. Japan, Australia, South Korea, and Hong Kong saw their stocks fall, while Shanghai’s rose somewhat. You can read the full content: https://www.businessupside.in/nifty-crash-indian-share- market-is-heavily-down/ Business Upside India Email ID:support@businessupside.com Phone No.: 1800-270-3002 Visit Us: https://www.businessupside.in/ Stay Connected Via: https://www.facebook.com/businessupside https://twitter.com/BusinessUpside1 https://www.instagram.com/businessupsideusa/ https://www.linkedin.com/company/businessupside/ https://www.pinterest.com/businessupside2021/