Union Budget outcomes along with US Treasury yield and other key economic indicators that will decide the course of the stock market next week after it witnessed intense sell-off this week amid heavy volatility. The US Fed’s comment on rate hike spooked investors while higher spike in US Treasury yield caused heavy selloff in US tech stocks along with rising geopolitical tensions between Ukraine and Russia denting investors’ sentiments. . That led to crude oil prices reaching $90 per barrel for the first time in seven years due to supply side issues and reviving global economy. This in turn le…
