Here is why rising interest rates are considered the worst enemy of equity markets

Inflation leads to higher official interest rates, it affects the cost of funds, and therefore, the profitability of a large number of corporates.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/here-isrising-interest-ratesconsideredworst-enemyequity-markets_14965961.html
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