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Indian equity benchmarks posted their worst week in six months as robust U.S. economic data revived concerns of higher interest rate hikes, while a surge in COVID-19 infections in China also dampened risk appetite.

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Dear Trader… Bears were holding a tight grip over the Dalal Street in today deals, with both Sensex and Nifty falling over a percent, on the back of negative cues from other Asian markets. Heavy selling at Utilities and Power counters kept equity indices down, while Tata Steel fell the

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.