The 30 share Sensex hit a day’s low of 33480.42, a fall of 756.63 points, after which it settled down 708.68 points, or 2.07 per cent, to close at 33538.37. The Telegraph file pictureA gloomy economic outlook from the US Federal Reserve on Thursday hit global markets with domestic indices feeling the pinch as well. For the domestic investor, the latest developments come on the back of some optimism over the lifting of lockdown restrictions. Market mavens now aver that stocks are likely to remain flat and that retail investors must exercise caution before making any fresh purchases. Similarly, the broader NSE Nifty tanked 214.15 points, or 2.12 per cent, to close at 9902.
Source: The Telegraph June 11, 2020 22:07 UTC