A morning walk down Dalal Street | Sell-off could intensify if Nifty dips decisively below 10,900
Episode 1590, Aug 22, 2019, 01:30 AM
Indian market witnessed selling pressure at higher levels on Wednesday. The Nifty50 saw a cut of about 100 points while Sensex plunged by more than 250 points.
With muted earnings and weak global cues, investors are hoping for any stimulus/measures from the Indian government to lift the sentiments.
An extended slowdown in the domestic economy has increased the volume of stressed assets in segments like industrial, infrastructure and financials, suggest experts.
The broader market indices - BSE Midcap and Smallcap too ended lower by 1.3% and 1.4% respectively.