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Indian shares fall sharply amid global pressure and Fed meeting

Indian stock markets experienced a heavy decline ahead of a U.S. Federal Reserve meeting, amid broader global pressure.

By DoomRadar · Published on DoomRadar .

Why it matters

A sharp market selloff can affect investor confidence and regional financial conditions.

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EARLIER READING

Indian stocks fall sharply as crude oil reaches a four-month high

The Sensex fell roughly 600–700 points and the Nifty dropped below 23,250, while metal stocks declined as much as 5%. The sell-off followed a surge in crude oil prices to a four-month high.

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EARLIER READING

Indian IT stocks fall sharply amid rate-hike fears

The Nifty IT index has dropped 4%, with Coforge among the companies affected. The report attributes the sell-off partly to fears of a US Federal Reserve rate hike.

Related details in the reporting

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