Sensex tanks 4,000 points in week on signs of slower US rate cuts

The Sensex plunged nearly 1,200 points on Friday, marking its fifth consecutive day of losses. Foreign fund selling, a hawkish US Fed, a weak rupee, and poor trade data fueled the decline. The index has erased recent gains, leaving investors poorer by ₹9 lakh crore this week.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mECgznq