Sensex falls 200 pts and Nifty50 slides below 17,900 – Rupee lowers to 79.60 against USD

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India’s benchmark BSE Sensex and NSE Nifty50 stocks are set to open lower on Thursday, a day after Dalal Street hit a new four-month closing high amid weakness in global markets. Singapore Stock Exchange (SGX) Nifty futures – an early indicator of the Nifty index – fell 53.5 points or 0.3% to 17,914.5 before the opening bell in India. Minutes from the Fed’s latest policy review showing that officials may be less aggressive than thought when they raised interest rates in September provided some support for global equities.

First post: STI


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