Diabytes
Global Market Volatility News
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Foreign institutional investors (FIIs) remained net sellers last week, offloading shares worth Rs 1,246 crore.
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Profits at Standard Chartered plunged 84 percent last year, its worst result since 1998, sending the bank`s shares down as much as 10 percent on Tuesday as volatile markets, weak commodity prices and low interest rates took their toll.
Top money managers and investment strategists have been warning the U.S. Federal Reserve was preparing markets for an interest-rate hiking cycle and that other central banks were embarking on loose policies that would trigger volatility.
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