Indian stocks open lower as Middle East tensions and Sept rate-hike bets weigh
Indian shares dipped at the open after four straight weekly declines, with IT stocks leading a broad selloff as Middle East tensions escalated and U.S. rate-hike odds for September rose.
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04:21:13 AM UTC
SquawkNews
Indian shares fall as Middle East tensions, US rate-hike bets weigh
S. rate hike in September weighed on risk appetite. The move came as changes to pre-open session rules were introduced to align the market with the me…