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Sensex crashes 1,100 points: Top 4 factors rattling investors' sentiment

US inflation data, possibility of aggressive rate hikes, record low rupee, and intense selloff by foreign portfolio investors are among the key factors that thumped stocks lower

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Lovisha Darad New Delhi
Bears tightened their grip on Dalal Street on Thursday as intense sell-off extended into fifth day in a row. The benchmark S&P BSE Sensex slumped about 1,158 points and closed at 52,930.31. The Nifty50 index, meanwhile, closed at 15,808 levels.

Moreover, broader markets traded tepid, too, as Nifty Midcap 100 slipped below 2 per cent whereas Nifty Smallcap 100 was down over 1 per cent.  Sectorally, all the key indices drowned in a sea of red with metal and public sector banks bearing the brunt of the sell-off.
 
According to analysts, the possibility of aggressive rate hikes by the US Federal