New Delhi, Nov. 18 -- After rising for six consecutive sessions, the Indian stock market barometer Nifty 50 slipped by 0.40 per cent in morning trade on Tuesday, November 18, on profit booking. The index reclaimed the 26,000 mark in the previous session, but weak global cues weighed on sentiment.

Among Asian peers, Japan's Nikkei and Korea's Kospi crashed 3 per cent after an almost 1 per cent drop in the S&P 500 and Nasdaq overnight as investors await key US economic data delayed by the government shutdown. Moreover, diminishing expectations of a US Federal Reserve rate cut next month also triggered a sell-off in global markets.

Experts believe the Indian stock market may remain volatile in the short term due to global factors, even as ...