Tech-Led global selloff, Fed rate fears weigh on Indian equities (opens original article in a new tab)
India's stock markets fell sharply as global tech selloff and fears of US Fed rate hikes pressured investor sentiment, with Asian markets also experiencing significant declines.
- India's benchmark indices fell 1.2% amid global tech selloff and Fed rate fears
- Asian markets saw significant declines with South Korea's Kospi dropping 10%
- Foreign investors sold shares worth ₹34,272.8 crore in June so far
- Nifty remained within a range of 23,800-24,240 levels with potential for rebound
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