What is the impact of interest rates change overtime in financial market?

Interest rate is referred as borrowing cost for companies & earning for Household saving. It has different treatment for person to person.
In economy some things have positive correlation with interest & some have negative correlation with interest rate.
For example: if interest rate increases in economy then increase in borrowing cost of companies then companies will less attractive to take borrowings because it will increase 'Cost of Capital' of companies,
Due to this lower demand of money in economy , less employment due to constraint of new business that industry do with new investment .
If there is more supply of money in terms of saving then Bank interest rate would be down so that Persons would be less attractive to savings.
This would until demand and supply come to an equilibrium.
However, this is theoretically but in real life there are lot of factors due to which above written links not be 100% accurate .

Due to Interest rate, stock market affected in the below manner:
1. Suppose if US increase their Fed rate . It means now US residents get more return in their own country so they will be less attractive to invest in India so there will be outflow from India. Due to this India stock market going to fall if DII would not nullify this effect by their investment.
2. If all things are constant then due to this outflow there is increase in demand of US dollars in Foreign Exchange Market and increase in supply of INR. So Indian currency exchange going to depreciate.

As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop. As interest rates fall, it becomes easier to borrow money and many companies will issue new bonds to finance expansion.

Once the interest rates on the bonds increase, they become much more attractive as compared to the stocks, pertaining to the risk factor associated with stocks, Funds, therefore, flow towards the bond market from the stock market indicating the rise in demand for bonds at the cost of stocks.