Therefore, the Federal Reserve is expected to raise interest rates again this week by around 0.75%. If interest rates are raised like that, the US stock market will fall sharply. As a result, the Indian stock market may fall.
In India too, retail inflation rose to 7% in August. The Reserve Bank of India’s policy meeting will be held next month. Experts warn that Indian stock markets may fall further if interest rates are raised.
So far, due to slow economic growth and fears of economic recession, doubts have arisen whether the stock market will rise further.
It is noteworthy that Sensex fell by 1093.22 points and Nifty by 346.55 points last Friday.