Skip to content
24/7NewsPaper
Back to feed
The Economic Times — Marketseconomictimes.indiatimes.com

Tech-Led global selloff, Fed rate fears weigh on Indian equities (opens original article in a new tab)

TL;DR

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

Conversation

No comments yet

Threaded discussion is coming next — this is where the community conversation about this story will live.