Tuesday, 13 March 2018

Sensex drops over 100 points, Nifty slips below 10,400; Fortis rallies 4%




Domestic stocks started Wednesday on a shaky wicket after dismissal of US Secretary of State roiled markets worldwide. 

The BSE Sensex dropped over 100 points to 33,766 while the broader NSE Nifty slipped below the crucial 10,400, down 32 points at 10,394. 

Sentiment across the globe soured after US President Donald Trump fired his Secretary of State Rex Tillerson, extending a shake-up of his administration, amid growing fears of protectionism. Trump announced he would replace Tillerson with CIA Director Mike Pompeo. 

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