Nifty and Sensex down 1.7% on high US inflation, Fed’s James Bullard supports Rate hikes

Nifty and Sensex down 1.7% on high US inflation, Fed's James Bullard supports Rate hikes

Today a sharp fall was seen in the Indian market, both Nifty 50 and Sensex were down almost 1.7%. The inflation level in the US is at its 40-year high, due to which the expectation of a rate hike by the US fed is increasing, Reuters reported. St. Louis Federal Reserve President James Bullard said … Read more