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Nifty cracks 1% to settle below 9,450, Sensex falls 200 pts on Trump row

S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively

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Pranati Deva New Delhi
Benchmark indices settled the day lower after closing at fresh high in the precious session amid selloff as political turmoil in White House spooked investors, dragged the global markets. The sentiment was also affected by a drop in rupee. It was trading at 6-week low of Rs 64.89/$
 
The dollar was stuck at six-month lows, while Wall Street posted the biggest intra-day slide since September as the allegations of Trump’s interference with the federal investigation have raised uncertainty over his presidency.
 
The S&P BSE Sensex settled at 30,434, down 223 points, while the broader Nifty50 ended at 9,429,

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