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The Economic Times

Akash Podishetti

D-St braces for weak opening on negative GIFT Nifty cues

RBI India VIX Podishetti Akash United States SEBI US Dollar

On Wednesday, the Nifty declined 0.8% to 22,603, while India VIX rose 2.1%, amid weak global cues and the RBI’s unexpected shift towards a tightening stance. Analysts say Indian equities are likely to remain cautious as the RBI's shift towards an interest rate tightening cycle, while the rupee weakened close to a record low.

STATE OF THE MARKETS

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