Sensex slides for third day; what's spooking investors on D-Street?

In across the board selling by the investors, the benchmark indices tumbled for a third day while volatility shot up ahead of the US Federal Reserve outcome later today and Thursday's F&O expiry

The benchmark indices came falling like a deck of cards in Wednesday's session, as the ripples of a regulatory crackdown by the Chinese government was felt by markets across the globe. Investors worried whether the selloff in Chinese tech stocks would spread to other segments.

"China is too big now. It can cause flutters in global markets. This space needs to be watched cautiously," warned Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

In across the board selling by the investors, the benchmark indices tumbled for a third day while volatility shot up ahead of