Home Business Indian equity benchmark posted their biggest one-day drop in over two weeks...

Indian equity benchmark posted their biggest one-day drop in over two weeks on Thursday, snapping a three-session winning streak, as concerns of a prolonged high-interest rate regime weighed on sentiment.

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Dear Trader… Domestic equities finally succumbed to global pressure after three days of positive move. Renewed concerns over higher interest rate dented the global sentiments. Nifty future opened flat but soon drifted in negative territory to close near day’s low with loss of 149 points (-0.84%) at 17645 levels. Weak

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