https://www.taxtmi.com/news?id=30151 Equity benchmarks fell sharply due to global sell-off, a spike in international crude prices, and significant foreign institutional investor outflows. Strong US labor data raised rate-cut uncertainty, strengthening the dollar and raising bond yields, which reduced emerging market demand. Currency depreciation and higher oil prices heightened inflation concerns and dampened prospects for monetary easing, exacerbating negative market sentiment despite some pickup in industrial activity. en-us Mon, 13 Jan 2025 16:31:03 +0530 Mon, 13 Jan 2025 16:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30151 Equity benchmarks fell sharply due to global sell-off, a spike in international crude prices, and significant foreign institutional investor outflows. Strong US labor data raised rate-cut uncertainty, strengthening the dollar and raising bond yields, which reduced emerging market demand. Currency depreciation and higher oil prices heightened inflation concerns and dampened prospects for monetary easing, exacerbating negative market sentiment despite some pickup in industrial activity. News - Mon, 13 Jan 2025 16:31:03 +0530 https://www.taxtmi.com/news?id=30151