Sensex, Nifty witness worst week since May 2020 as inflation looms and hawks scream - Moneycontrol

The headline indices suffered losses of over 5% during the week that saw the US Federal Reserve hike interest rates by 75 basis points and the Swiss National Bank deliver its first rate hike in 15 years.

Volatile trade compelled equity indices to post their worst week in over two years on June 17 as weak global cues and concerns over foreign capital outflows, along with rate hikes by central banks ar… [+1453 chars]

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