Sensex Slumps Over 350 Points, Nifty Ends At 11,354 On Fears Of Recession In US

Domestic equity benchmarks (Sensex and Nifty) fell sharply on growing fears of US economy entering into recession. Concerns about the health of the world economy heightened last week after cautious remarks by the US Federal Reserve sent 10-year treasury yields to the lowest since early 2018. In Mumbai today, the S&P BSE Sensex fell as much as 1.3 per cent or 497 points to 37,667 and the NSE Nifty 50 Index dropped 1.27 per cent or 145...