GgoogleIN first seen 1 d ago, last 1 d ago, peak #4
GIFT Nifty in focus as Indian stocks tumble after RBI rate hike
Original: gift nifty today
Indian equities fell sharply after the Reserve Bank of India raised the repo rate, erasing over Rs 10 lakh crore of investors' wealth. Traders are tracking GIFT Nifty, which indicates how Indian index futures are trading before the domestic market opens, as a gauge of the mood for the next session.
Why now: Investors are checking GIFT Nifty for early signals on market direction following the RBI's rate hike and the sell-off it triggered.
GIFT NiftyReserve Bank of IndiaIndia
Evidence
- Indian stocks tank after RBI hikes repo rate; over Rs 10 lakh crore of investors’ wealth wiped out · Deccan Herald
API: https://socialmediatrends-api.osmike.com/v1/trends/1563398