Why Sensex and Nifty are on a decline?
Shortpedia
Content Team
Image Credit: money control
India's benchmark indices Sensex and Nifty 50 continued to see strong selling today, extending losses to a third consecutive session. Yesterday, the bourses recorded their worst session in 19 months, crashing over 1.8%. The Dalal Street is affected by a mix of factors. With US Federal Reserve's hawkish remarks, investors are now skeptical of reduced interest rate in March. The yields on the US benchmark 10-year treasury bonds bounced back to levels above 4%.
