INSUBCONTINENT EXCLUSIVE:
A selloff across sectors - led by banking, IT, metal and energy shares - dragged the markets lower
Extending their losses to a third day running, domestic stock markets started Wednesday's session on a lower note, amid weakness in Asian
peers on fresh concerns about the US-China trade talks
The S-P BSE Sensex index fell as much as 261.31 points to 37,135.93 in early trade, and the broader NSE Nifty benchmark declined to
11,014.80, down 70.6 points from the previous close
A selloff across sectors - led by banking, IT, metal and energy shares - dragged the markets lower
At 9:17 am, the Sensex traded 162.75 points - or 0.44 per cent - lower at 37,234.49, while the Nifty was down 65.75 points - or 0.59 per
Here are 10 things to know:Top laggards on the 50-scrip benchmark index at the time were Tech Mahindra, Axis Bank, Hindalco,
of Asia-Pacific shares outside Japan was down 0.04 per cent while Japan's Nikkei slid 0.84 per cent.Major Wall Street stock averages ended
slightly lower on Tuesday, with the S-P 500 losing 0.26 per cent, after US President Donald Trump warned China against waiting out his
current presidential term before finalising a trade deal.S-P 500 mini futures rose 0.17 per cent in Asia
The S-P 500 index has risen 2.4 per cent so far this month, bolstered by expectations for Fed easing.Later in the day, the Federal Reserve
is widely expected to cut interest rates for the first time since the financial crisis more than a decade ago
The expected easing by the US central bank has supported risk asset prices worldwide.As a new round of US-China trade negotiations started
in Shanghai, Mr Trump tweeted that if he wins re-election in November 2020, the outcome could be no agreement or a harsher one.The Sensex
and Nifty had ended 0.77 per cent and 0.93 per cent lower respectively on Tuesday
That marked the weakest closing level for the 50-share index since March 8, while the BSE benchmark settled at its lowest level recorded
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