Buy or sell stocks, May 23 -- Following the weak global market sentiments after the fall in the US stock market, the Indian stock market witnessed intense sell-off pressure on Thursday. On Wednesday, all three major Wall Street indices posted their most considerable daily losses in a month. The Nifty 50 index crashed 203 points and closed at 24,609. The BSE Sensex nosedived 644 points and finished at 80,951, while the Bank Nifty index ended 133 points lower at 54,941.
There was broad-based selling in the Indian market, with the Nifty Midcap100 and Smallcap100 indices ending with losses of 0.5% and 0.3%, respectively. All sectoral indices ended in the red, with FMCG and IT being the weakest performers, ending with losses of over 1% each....
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