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Global headwinds continue to spook Indian markets

Global headwinds continued to hit Indian equities for the second consecutive session on Thursday as the benchmark Sensex and Nifty lost more than 1% each with investors reeling under concerns of an economic slowdown.The 30-share Sensex lost 377.81 points or 1.05% to close at 35,513.71. The broader Nifty ended the day at 10,672.25, down 120.25 points or 1.11%.The weak undertone of the market was further corroborated by the fact that over 1,650 stocks lost ground on the BSE, as against 921 gainers.Bank of Baroda, Dena Bank and Vijaya Bank were in the limelight after the swap ratio was announced on Wednesday.

Source : https://www.thehindu.com/todays-paper/tp-business/global-headwinds-continue-to-spook-indian-markets/article25904719.ece

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