Stock Market India: Sensex, Nifty fall for the third consecutive session Indian equity benchmarks fell for the third straight session on Tuesday, tracking a broader slump in fragile global stock markets with worries about higher borrowing rates, global recession risks and geopolitical tensions unsettling investors.
In the previous session, both equity benchmarks closed lower but had pared steep losses from earlier on Monday.
Following a fourth consecutive decrease in US stocks, shares fell in Asia amid ongoing worries that rising interest rates and geopolitical threats will hamper global economic growth.
Hong Kong shares continued to fall, and US futures declined.
Investors sentiment remained shaky ahead of India's inflation data and Thursday's US inflation statistics.
"A recession is very possible - our subjective probability over the next year is 35 per cent - but we think it would require additional shocks," Jan Hatzius, Chief economist at Goldman Sachs Group, wrote in a note, according to Bloomberg.

Source - NDTV
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