An evening walk down Dalal Street on January 10, 2019
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The market cracked its winning streak on Thursday, following weak global cues. The Nifty, however, managed to hold 10,800, while the Sensex ended with cuts of over 100 points.
There was some weakness in the financials space, which weighed on the indices. Automobiles and pharmaceuticals, among others, were the other big gainers. There was a considerable outperformance by the Nifty Midcap segment, gaining almost half a percent.
The day began on a flat note, as the market tried to shrug off jittery global cues. Both Asian and US markets had seen negative moves over worries on trade talks between US and China. Additionally, lower Chinese inflation data, among others, weighed on the indices. This spilled over Indian markets as well.
