TIWN
Mumbai, Oct 2 (TIWN) Weak global cues along with profit booking dented India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- for the fourth consecutive session on Friday.
In the day's trade, the market struggled at lower levels after a gap down opening. It mildly recovered towards the end of the day. Globally, Asian equities traded sharply lower as risk sentiment soured amid growing worries that inflation may persist even after global growth has peaked.
European equities started the day on a lower note, as concerns about economic stagflation and US monetary policy combined with surging energy prices and risks of a slowdown in China's industrial, property sectors could prolong a downturn in global stock markets.
On the domestic front, metals and consumer durables indices rose the most, whereas realty, telecom and IT indices fell the most.
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