Markets Live: Sensex slumps 450 points as Trump's tweets spook global equities - 10 updates - News Summed Up

Markets Live: Sensex slumps 450 points as Trump's tweets spook global equities - 10 updates


Indian markets saw a broad-based decline today, tracking a selloff in other global markets after US President Donald Trump vowed to hike tariffs on China. At day's lows, the Sensex fell over 450 points while Nifty fell below 11,600, before paring some losses in pre-noon trade. At 11:12 am, the Sensex was down 320 points at 38,646 while Nifty traded at 11619, down 92 points. Here are 10 updates from Indian stock markets:1) In Indian markets, the selloff was broad-based with just four stocks out of the 30 Sensex stocks trading in the green. Reports say that China is considering to pull out of trade talks scheduled to begin this week.


Source: Mint May 06, 2019 03:21 UTC



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