Nifty, Sensex set to open Lower amid Sell off in Global Markets — Benchmark indices BSE Sensex and NSE’s Nifty 50 are set to open lower on Thursday in line with global markets. Asian share markets sank in a sea of red after US stocks suffered its worst drubbing in eight months.
Shanghai shares touched their lowest since late 2014, while Japan’s Nikkei fell 3.4%. In US, the S&P 500 ended Wednesday with a loss of 3.29% and the Nasdaq Composite 4.08%, while the Dow shed 2.2%.
SGX Nifty Futures traded 262 points lower, indicating a negative start for the Sensex and the Nifty 50.
Oil prices dropped to extend big losses from the previous session as global stock markets suffered a rout. Here are the latest updates from the markets:
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