SignalIndia
Will Nifty, Sensex plunge for 9th straight week? TCS Q2, RBI MPC among 4 factors to drive Dalal Street from Monday
TCS Q2 earnings and four factors may drive Nifty, Sensex ninth weekly decline.
Context
What happened: Indian equities face a ninth straight weekly decline, with the RBI MPC meeting, TCS and DMart Q2 earnings, US bond yields, oil prices and FII outflows in focus.
Key numbers: RBI MPC meets October 5-7; BofA and SBI Research
Why it matters: Economists brought forward their rate-hike call to October from December on higher energy prices and food inflation. Rising US yields make emerging-market assets less attractive, pressuring the rupee and equities.
Note: The content says the Nifty marked its eighth consecutive weekly decline, while the headline asks about a ninth week.
What changed
Indian equities face a ninth straight weekly decline, with the RBI MPC meeting, TCS and DMart Q2 earnings, US bond yields, oil prices and FII outflows in focus.
Why it matters
Economists brought forward their rate-hike call to October from December on higher energy prices and food inflation. Rising US yields make emerging-market assets less attractive, pressuring the rupee and equities.
Note: The content says the Nifty marked its eighth consecutive weekly decline, while the headline asks about a ninth week.