Reacting to weak GDP numbers, the Sensex and Nifty dropped over 2 per cent on Tuesday. A fall of more than 2 per cent in the benchmark indices isn’t very common.
This is only the second time that the Sensex has declined 2 per cent or more this year. Global indices, particularly those in the US and China, have seen more volatility this year amid a flare up in trade tensions. Indian markets are relatively insulated by the trade situation. However, weakening domestic growth has weighed on investor sentiment.
Analysts say a sharper decline in the indices can’t
This is only the second time that the Sensex has declined 2 per cent or more this year. Global indices, particularly those in the US and China, have seen more volatility this year amid a flare up in trade tensions. Indian markets are relatively insulated by the trade situation. However, weakening domestic growth has weighed on investor sentiment.
Analysts say a sharper decline in the indices can’t

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