business

Inflation, interest rate hike fears playing on mkts mind

It did not look like 500 points sell-off day in the morning but it was sluggish and moved down hill through the session. Clearly the inflation and interest rate fears are coming to the fore now. The Nifty lost 100 points in last two days. Today, it lost 150 points in a single session which is 4% down for the week.

first published: Jan 7, 2011 10:10 pm