Indian Markets Slide on Global Tensions, US Ceasefire Rejection

Indian Markets Slide on Global Tensions, US Ceasefire Rejection

Indian stock markets breached a key psychological support level on Monday as bears tightened their grip, driven by the US rejection of a ceasefire proposal that raises fears of prolonged West Asian tensions. Rising US bond yields are narrowing the India-US yield spread, risking foreign fund outflows and keeping sentiment cautious.

Source: Economic Times

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