• Nifty ends below 15,400 over aggressive policy risks, Sensex falls over 1,000 points

    Business
    Nifty ends below 15,400 over aggressive policy risks, Sensex falls over 1,000 points

    The BSE index (.BSESN) ended the day with a 2% loss, closing at 51,495.79.


    Digital Desk: Indian stocks fell more than 2% on Friday after the Swiss National Bank raised interest rates unexpectedly, raising fears that aggressive monetary policy measures to control inflation may lead to a recession.


    In a tumultuous trading session, the NSE Nifty 50 index (.NSEI) finished 2.1 percent lower at 15,360.6, pulled down by metal stocks. It had previously hit its lowest point in over a year.


    The BSE index (.BSESN) ended the day with a 2% loss, closing at 51,495.79.


    With a 50 basis point boost, the Swiss National Bank hiked its policy interest rate for the first time in 15 years, dampening global optimism and sending the safe-haven franc substantially higher.


    Its move comes after the Central Bank of the United States approved its largest interest rate hike since 1994 on Wednesday, forecasting a slowing economy and rising unemployment in the months ahead. 


    The NSE index has dropped 5.2 percent this week, on track to have its worst week in more than a year, as investors priced in a 75-basis-point rate hike based on strong U.S. inflation data.


    On Thursday, the Nifty metal index (.NIFTYMET) fell 5.2 percent, with Vedanta Ltd (VDAN.NS) closing 8.2 percent lower.


    SpiceJet (SPJT.NS) and InterGlobe Aviation (INGL.NS), which owns IndiGo, saw their shares fall 6.7 percent and 5.2 percent, respectively. According to SpiceJet's managing director, the increase in aviation turbine fuel prices is "not sustainable" and could lead to pricing increases.


    Coal India (COAL.NS) fell 5.3 percent as the Nifty PSE index (.NIFTYPSE) fell 3.3 percent.




    slot thailandslot gacorsabung ayam onlinesabung ayam onlinesabung ayam onlineslot thailandlive casino onlinehttps://ecosukces.pl/slothttps://delalibera.com.br/indojawa88sv388agen bolasabung ayam onlinesabung ayam onlinelive casino onlinesabung ayam onlinelive baccaratsipardikemenaglebongtppkk bitunggs hospitalsarwadharma hospital gwlpeasant farmersppdb yayasan pendidikan assalamgoji berryhttps://www.undp.or.id/https://mtsmathlaulanwarputat.sch.id/https://www.smpn2karangsambung.sch.id/slot gacorhttps://ociterrasus.com/https://psb.al-asyariyyah.com/live casinodpd ipai jatimhttps://yplppgrikabbogor.com/https://smkveterancirebon.sch.id/https://www.min2jember.sch.id/https://sditfatahillahskh.sch.id/https://ichisultra.or.id/https://banggaiemas.org/https://pdamagam.co.id/https://www.man1acehbarat.sch.id/https://lib.stishusnulkhotimah.ac.id/https://www.stieyapismerauke.ac.id/https://yayasanpendidikanassalam.sch.id/smp/vendor/slot onlinelive casino onlinesabung ayam onlinesbobethttps://stechdigitalsolutions.com/https://webzsparkle.com/SABUNG AYAM ONLINELIVE CASINO ONLINESBOBET88SLOT777SV388SLOT DANAsabung ayam onlineslot mahjong waysagen bola sbobetjudi bolaLive Casino Onlinesabung ayam onlineslot thailandslot777SLOT ZEUSSABUNG AYAMCASINO ONLINESBOBETMahjong Ways 2Slot88 OnlineLive Casino OnlineSbobetSV388https://valuemc.comhttps://qbc-solutions.comhttps://mbauto.rohttps://apelphotography.comhttps://investmate.pro/cgi/https://investmate.pro/Text/https://investmate.pro/File/https://investmate.pro/Fold/Sabung Ayam OnlineSitus Judi BolaSitus Live Casino OnlineMahjong Ways 2Live Casino OnlineSV388SV388CASINO ONLINE SCATTER HITAMSBOBETslot gacor thailandslot zeusLive Casino Onlinesabung ayam onlineagen sabung ayam onlineslot thailandsabung ayam onlinesbobetSABUNG AYAM ONLINESLOT GACOR 777SITUS TOGEL ONLINESBOBET88SLOT ZEUS OLYMPUSSLOT KAKEK ZEUSSBOBET MIX PARLAYSV388SLOT THAILANDsv388casino onlinesbobet wapzeus slothttps://amarhome.org/https://crcchristhill.org/https://drsummerasaud.com/sv388sbobet88live casino onlinezeus slotsv388mix parlay sbobetcasino onlinescatter hitamindopromaxindopromaxindopromaxindopromaxindopromaxindopromaxindopromaxindopromaxhakone-kamon.jphakone-kamon.jphakone-kamon.jphakone-kamon.jpslot zeus gacorsabung ayam onlinejudi bola onlinelive casino onlinesitus live casinositus sabung ayamsitus sabung ayamsiitus judi bolasitus live casinojudi bola onlinelive casino onlineslot qris gacorsbobetslot thailandcasino onlinesbobetsv388casino onlineslot gacorsbobetsv388sabung ayam sv388sbobet88live casino onlinelink slot777result hongkong poolsSabung Ayam OnlineSBOBET88Agen Casino OnlineSlot777Situs Togel Onlinehttps://www.tripusakasakti.com/https://fabriku.com/SBOBET88Starlight PrincessMahjong Ways 2 Scatter HitamTrik Mahjong WaysMahjong WaysCasino OnlineSlot Mahjong Wayssbobet88sv388scatter hitammahjong ways