News > Sensex, Nifty Fall Dragged By I.T., Banking Stocks
Sensex, Nifty Fall Dragged By I.T., Banking Stocks
Dais Newsfeed | 29/08/2022 05:45 PM | Click to read full article
India's stock benchmarks nearly halved the day's losses, after getting off to a weak start, as global markets withered following the comments of U.S. Federal Reserve officials at the Jackson Hole annual economic symposium.
Federal Reserve Chair Jerome Powell hinted that the higher interest rate regime could continue for a prolonged period.
