Markets see steepest fall in 4 months on escalating US-China trade tensions

Market participants expect this volatility to continue in the near- to medium-term amid weak global cues

The Indian stock markets on Thursday saw the steepest fall in four months as escalating trade tensions between the US and China, the world’s two largest economies, weighed on investor sentiment. 
 

The benchmark Sensex ended at 37,165, down 356 points, or 0.95 per cent, the most since April 4. On the other hand, the broader Nifty ended at 11,244, down 101 points, or 0.90 per cent, the most since June 27. The latest fall in the market follows stellar gains in July, when both the benchmark indices gained more than 6 per cent each. The small-cap and mid-cap indices gained