Has RBI repo rate hike grounded high-flying Sensex, Nifty?
A day after inflation-spooked RBI went for the second straight interest rate hike, markets are showing signs of worry. While never-ending global concerns and effects of an anticipated global currency war are the favourite whipping boys these days whenever Indian stocks fall, the bellwether Sensex on Thursday falling 356 points has a local angle too.
A day after inflation-spooked RBI went for the second straight interest rate hike, markets are showing signs of worry. Image source: PTI