Global slide pulls Sensex to worst week in 4 months, investors play it safe

The NSE Nifty 50 Index also fell 0.2 per cent and both the gauges extended their retreat this week to 2 per cent, the steepest for that period since October 28

Indian equities dropped following a decline in global stocks as trade tensions between the U.S. and China continued to weigh on sentiment, with the two sides reported to be far apart on proposed resolutions. India’s key indexes capped their worst weekly decline in nearly four months.

The benchmark S&P BSE Sensex dropped 0.2 per cent to 35,808.95 at the 3:30 p.m. close in Mumbai, paring a loss of as much as 1 per cent in the day. The NSE Nifty 50 Index also fell 0.2 per cent and both the gauges extended their retreat this week to 2 per cent,