New Delhi. Due to the continuous increase in bond yields, the impact of the huge fall in the global stock markets is now clearly visible on the Indian stock market as well. The market appeared to be under pressure for the second consecutive session, with key benchmark indices Sensex and Nifty 50 opening flat with a mixed trend. However, shortly after the start of trading, the selling pressure on the market increased further, due to which both the major indices slipped.
Impact of RBI monetary policy and global signals
At present, investors are busy making an in-depth assessment of the latest monetary policy decisions of the Reserve Bank of India and its possible effects. Along with this, weak signals from the international level and continuous selling by foreign institutional investors (FIIs) have also affected the sentiment of the domestic market to a great extent, due to which traders are adopting a cautious attitude.
