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The sell-off in the stock market was also on account of weak global cues as higher US retail inflation dampened hopes of early rate cuts by the Federal Reserve and rise in the US 10 year yield
The market sentiment is influenced by the anticipation of the RBI’s stance on key economic indicators, especially amid global economic uncertainties and domestic inflationary pressures. Analysts suggest that any hints of a shift in the RBI’s policy outlook could impact market trends. - Newsx