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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.

computing power future of opportunities mutual funds ✌️【Career Goals】✌️Start small with ₹500 and enjoy huge returns. AI-driven investment for fast growth!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.

computing power future of opportunities mutual funds ✌️【Career Goals】✌️Start investing with ₹500 and experience up to 100% returns every month!The market is now beginning to wake up to the reality of a slowdown in the Indian economy, along with slowing corporate earnings and a widening trade deficit.

computing power future of opportunities mutual funds ✌️【Career Goals】✌️Your smart investment starts at ₹500. Unlock high returns with minimum risk!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.

computing power future of opportunities mutual funds ✌️【Career Goals】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.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.

computing power future of opportunities mutual funds ✌️【Career Goals】✌️Start with ₹500 and let our expert-managed funds drive your profits up to 100% monthly!The updated Enyaq follows the brand’s new Modern Solid design language and features an illuminated Tech-Deck Face, LED Matrix headlights, and a redesigned rear end.

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

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