Domestic market is expected to open weak amid global uncertainty, geopolitical tension and rising dollar index and interest rates. Analysts said the relative outperformance of Indian market is likely end to align with the global markets. Firm dollar index"The tide has finally turned for our markets which had relatively outperformed the global markets in last couple of months. However, post the US Fed policy outcome, the Dollar Index rose sharply and finally the INR gave a breakout from its consolidation and depreciated sharply to reach 81 mark. Global painLast week, global equities went into a tailspin with S&P500 and Nasdaq cracking close to 5 per cent each.

Source: The Hindu September 26, 2022 08:28 UTC