The 50-share NSE Nifty tanked 479.95 points, or 2 per cent, to 22,634.55South Korea's Kospi dove 6.5 per cent to 5,404.77. Hong Kong's Hang Seng slipped 4.0 per cent to 24,279.23, while the Shanghai Composite declined 3.7 per cent to 3,811.62. The S&P 500 fell 1.5 per cent Friday to close its fourth straight losing week, its longest such streak in a year. The Dow Jones Industrial Average dropped 443 points, or 1 per cent, and the Nasdaq composite tumbled 2 per cent. The two-year Treasury yield, which more closely tracks expectations for what the Fed might do, rose to 3.88 per cent from 3.79 per cent.

Source: The Telegraph March 23, 2026 07:53 UTC