Indian benchmark indices BSE Sensex and NSE’s Nifty 50 fell over 1% on Friday as a selloff in global markets continued for a second day after the US Federal Reserve’s outlook on future rate hike path dampened investor sentiment. The Sensex slumped over 400 points dragged by heavyweights Infosys, Reliance Industries and HDFC. The Nifty 50 traded below 10,850 level. All the sectoral indices traded in negative territory, except PSU banks, which rose after the government proposed a Rs 41,000 crore recapitalisation plan. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961Indian benchmark indices BSE Sensex and NSE’s Nifty 50 fell over 1% on Friday as a selloff in global markets continued for a second day after the US Federal Reserve’s outlook on future rate hike path dampened investor sentiment. The Sensex slumped over 400 points dragged by heavyweights Infosys, Reliance Industries and HDFC. The Nifty 50 traded below 10,850 level. All the sectoral indices traded in negative territory, except PSU banks, which rose after the government proposed a Rs 41,000 crore recapitalisation plan. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
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