Sensex, Nifty tank nearly 3 Percent This Week

Sensex, Nifty tank nearly 3 Percent This Week
Lingering uncertainty pulled down the Indian equity markets this week (Sep 26-31), snapping four-week gaining spree. The markets plunged nearly 3 percent this week. BSE Sensex ended below the psychological mark of 27,000 and NSE Nifty finished below 8,100 points.

The market sentiments were tumbled by factors like US rate hike fears and weak corporate earnings this week. The scrips in FMGC sector came under heavy selling pressure following bearish sentiment, which dominated the trading the entire week.

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