Experts said risk aversion among investors is due to scepticism over whether policymakers will be able to achieve aggressive monetary tightening to tame inflation without triggering recession.
Stocks tumbled once again on Wednesday as concerns over uncertain economic outlook kept investors on tenterhooks. Brushing aside a sharp rally in the US equities overnight, most Asian markets opened lower with stocks failing to consolidate gains made a day earlier.
First Published: Wed, June 22 2022. 21:20 IST