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Shares tumble as rising oil prices and bond yields intensify pressure

The key equity benchmarks ended sharply lower on Tuesday, reversing early gains. Rising crude oil prices and higher US T...

Shares tumble as rising oil prices and bond yields intensify pressure
Source: Business Standard - Politics

The key equity benchmarks ended sharply lower on Tuesday, reversing early gains. Rising crude oil prices and higher US Treasury yields weighed on sentiment. The sell-off intensified as investors awaited the US Federal Reserve's policy decision on Wednesday. The Fed is widely expected to raise interest rates by 25 basis points.

SOURCE: Business Standard - Politics
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