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Indian benchmark indices ended the week with a net loss of over 1% due to factors such as rising US bond yields, firm crude oil prices, and weak earnings from IT companies. The upcoming week is expected to be volatile as several companies are set to release earnings and the October derivatives expiry is due. The Nifty 50 may trade within a range of 19,300 to 19,850, with the potential for a significant move in either direction ....
The expectations of higher for longer interest rates pushed yields higher, and this prompted foreign investors to pull out money from risky assets such as equities and park it in the bond market ....