News > Sensex crashes over 750 points on aggressive US rate hike bets
Sensex crashes over 750 points on aggressive US rate hike bets
Dais Newsfeed | 10/10/2022 01:51 PM | Click to read full article
Sensex, Nifty fall in early trade Indian equity benchmarks fell on Monday, tracking lower Asian peers and a sell-off in risk assets following a strong US jobs report that made a case for the Federal Reserve to keep hiking interest rates rapidly, and rising oil prices weighed on sentiment. Both benchmarks recorded their first weekly gain in four, rising over 1 per cent last week.