Domestic share markets fell more than 1 per cent on Thursday amid a selloff in banking and financial services sectors, amid weakness in global stocks after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus pandemic-induced downturn. The S&P BSE Sensex index shed as many as 402.13 points during the session to hit 38,212.66 on the downside, and the broader NSE Nifty 50 benchmark skidded to as low as 11,294.15, down 1.02 per cent from its previous close.
The Sensex ended 394.40 points – or 1.02 per cent – lower at 38,220.39 and the Nifty settled at
11,312.20, down 96.20 points – or 0.84 per cent – from its previous close.
