💨 Abstract

India's Nifty 50 and Sensex snapped their seven-day and four-session losing streaks, respectively, on Tuesday, led by gains in HDFC Bank and Mahindra & Mahindra. Analysts attributed this rise to a short-term relief rally after shares fell into correction territory. However, escalating tensions between Russia and Ukraine contributed to market sell-offs, causing the rupee to fall to a record low against the US dollar.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖