The market rebounded in opening trade but could not sustain those gains. Key indices are volatile. The Sensex fell 29.51 points to 28815.27 and the Nifty declined 15.35 points to 8741.40.
US rate hike fears rattled the bulls in the Indian equity markets. On Monday, the Sensex tanked over 600 points to slip well below the 29,000 mark, while the Nifty shed over 2 percent. Banks stocks lead the rout. However, SGX Nifty indicates a positive opening for the markets today. The index was trading at 8771.50, up 4.50 points at 7.58 am.


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