Markets crash 2% as US inflation fuels fears of Fed hike

The NSE Nifty dropped 359.10 points, or 2.22%, to end at 15,808. The BSE Sensex fell 1,158 points, or 2.14%, to close at 52,930.31. Across share categories on the BSE, 2,711 fell, while 654 gained. Shares of lenders led the sell-off, while software exporters such as Wipro, HCL Technologies and TCS managed to eke out gains.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.
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