Indian markets came under strong selling pressure today, tracking selloff in other global markets on concerns about decelerating global growth. The Sensex fell 355 points to 37,808.91, though its ended off its day’s low of 37,667. The broader index Nifty settled 0.90% lower at 11,354. Asian markets fell sharply today, with the equity gauge in Japan sliding 3%. European markets also slipped today. On Friday, all three major US stock indexes clocked their biggest one-day percentage losses since January 3 and US stock futures suggest further declines on Wall Street. Here are 10 things to know about today’s trade:
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The broader markets also succumbed to the selling pressure, with BSE midcap and smallcap indices falling over 1%.
