World stock markets go downhill on Brexit fears

Global stock markets shivered on weekday because the issues over whether or not kingdom would exit the ecu Union (EU) dominated stock markets across the planet. The Indian equity markets, too, felt the pinch because it all over one per cent lower for the third consecutive day on weekday.

According to the most recent poll, the ‘Leave EU’ cluster is gaining ground, creating  investors anxious. Also, the U.S.A. central bank would meet for a two-day policy review beginning Tuesday. Caution conjointly prevailed on D-Street, with investors keen to grasp whether or not central bank Chair Janet Yellen would raise interest rates. However, when astonishingly weak jobs knowledge within the U.S.A. last month, analysts believe the Fed isn't prepared for a rate hike.

The S&P bovine spongiform encephalitis Sensex all over down 239 points to settle at twenty six,397 and also the Nifty50 closed fifty nine points lower at eight,111.

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