Asian Markets Tank Over US Recession Fears, Indian Indices Fare Better

A disappointing job scenario in the US coupled with the fear of a reverse Yen carry trade, following an interest rate hike in Japan, led Asian markets to crash on Monday. However, the Indian benchmark indices showed resilience compared to its peers, down around 2.5 per cent. Japan’s benchmark Nikkei 225 stock index nosedived nearly … Continue reading Asian Markets Tank Over US Recession Fears, Indian Indices Fare Better