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The Sensex closed 118 points lower at 39,714 and the Nifty ended 23 points down at 11,922 on May 31. The fall followed the announcement of key portfolios in the new Indian government.
Global markets slid as Trump's Mexico tariff move raised recession fears.
Weakness in global equities and expectations of deeper Fed rate cuts weigh on risk appetite and commodity demand expectations. The Indian equity moves themselves have little direct effect on feed prices.
financialexpress.comFE News DeskMay 31, 2019After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
