Wall Street drops on stimulus plan unease, China data
US stocks dropped on Thursday, with the S&P 500 on pace for its first back-to-back daily drop in a month amid investor concerns.
Five reasons why markets came under pressure
?Post one way upside rally in Indian markets, profit booking was very much expected," said Siddharth Sedani of Microsec.
Use correction as buying opportunity: Dinesh Thakkar
"In the coming months, we expect the Indian markets to relatively outperform other global markets and cross new highs."
Investor wealth plunges by over Rs 1 lakh cr as stocks slump
Among the 30-Sensex components, 28 ended the day with losses, led by SBI that plummeted by nearly 8 per cent.
Top 20 midcap stocks which slipped over 5%
All the sectoral indices, led by realty and capital goods stocks, closed in the negative zone.
How to trade Nifty futures, Bank Nifty Futures
Fear that dollar inflows from the US might cease, in case the quantitative easing by the US stops, has led to unwinding of long positions in Nifty futures.