Markets open flat after 4-day rally; IT stocks fall on US rate hike concerns
Indian benchmark indices opened on a muted note as IT stocks fell after the US Federal Reserve signalled a possible rate hike later this year. Lower crude prices, a stable rupee and easing foreign investor selling continued to support broader market sentiment.
Indian benchmark indices opened on a muted note as IT stocks fell after the US Federal Reserve signalled a possible rate hike later this year. Lower crude prices, a stable rupee and easing foreign investor selling continued to support broader market sentiment.
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