An evening walk down Dalal Street on January 23, 2019
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Bears took over D-Street in the last hour as a sharp selloff among majority of sectors weighed on benchmarks. The Sensex closed with cuts of over 330 points, while the Nifty ended below 10,850-mark.
Having said that, the 30-share index has managed to end above 36,000, but the Nifty has fallen behind 200-day moving average.
The day began on a flat note, as equities mirrored subdued sentiment across global markets. Growth concerns continued to spook international investors. Through the day, the market remained volatile before ending it in the red.
Among sectors majority of indices ended the day in the red, while metals and pharmaceuticals were the big gainers.
