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nimf small cap fund ✌️【Work From Home】✌️₹500 is all you need to start your profitable journey. Invest today for high monthly returns!16% while the Indonesian rupiah and Japanese yen declined 1.23% and 1.25%, respectively.The 10-year bond yield also rose 4 bps to 6.79%, tracking US bond yields that rose 11 bps to 4.51%.

In addition, the interest rate difference between US bond yields and India narrowed to 227 bps—the lowest since March 2006—prompting foreign portfolio investors (FPIs) to pull money out of the domesticmarket.

Given the pressure on currencies across Asia, traders said that the ReserveBank of Indiawas circumspect about intervening too much.Nilesh Shah, MD, Kotak Mutual Fund, said, “Our markets reacted in line with the global correction, as the US Fed shut the door on rate cuts in the near term with increased uncertainty.

nimf small cap fund ✌️【Work From Home】✌️₹500 is all you need to start your profitable journey. Invest today for high monthly returns!Also, emerging market currencies, including the rupee, seem to be the preferred trade among the speculators.”While the immediate trigger for the fall came from the US, experts say that the market is reacting to the slowdown in the domesticeconomyas well.Shankar Sharma, founder, Gquant Investec, said, “For one, this was a reaction to the overnight fall in the US.

However, this is not the only explanation.

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nimf small cap fund ✌️【Work From Home】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!Therefore, the markets are reacting, and so is the rupee.”Going forward, experts see the markets being under pressure for some time.

However, with the Christmas holidays just around the corner, FPI action is likely to be muted.

nimf small cap fund ✌️【Work From Home】✌️Earn fast with just ₹500. Enjoy consistent returns and grow your money month by month!This could mean that the Indian stock market could get some breather from the selling pressure from them.

However, until US President-elect Donald Trump’s policy decisions, including tariffs and others, become clearer by the end of January-end, markets are expected to stay nervous.Skoda has released sketches of the facelifted Enyaq, which is based on the Skoda Vision 7S concept.

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It will come with a 77kWh battery, dual-motor setup, and a range of 513km on a single charge.

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