The stock market bloodbath on Tuesday was sparked by no major event but merely market expectations of a rise in US bond yields. The infographic shows how the Indian stock markets are correlated with the US Treasury bonds. The change in interest rates on US bonds explain about 53 percent of the movement in the Indian stock market. As the Fed is expected to raise the interest rates due to inflationary pressure, the Sensex was bound to face a correction.


Source: BSE


We're not around right now. But you can send us an email and we'll get back to you, asap.


Log in with your credentials

Forgot your details?