Markets fall on continued worries over global markets

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Reuters
Last Updated : Aug 26 2015 | 10:07 AM IST

REUTERS - India's stock markets faltered on Wednesday, paring some of the gains in the previous session as investors worried that fresh rate cuts in China would not be enough to stabilise its cooling economy or halt falls in global equity markets.

The benchmark BSE Sensex was down 0.6 percent at 0932 am India time (0402) GMT after falling as much as 1.3 percent. The index gained 1.1 percent on Tuesday.

The broader Nifty was down 0.4 percent after falling as much as 1.2 percent.

(Reporting by Karen Rebelo in Mumbai; Editing by Rafael Nam)

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First Published: Aug 26 2015 | 9:51 AM IST

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