DSIJ Mindshare

The broader indices remained under pressure throughout the day as investors chose to book profit ahead of the monthly expiry and uncertain global cues. NSE Nifty 50 index plunged 0.82 per cent to close below 18,200 level while Sensex tanked over 500 points.

Fears of a recession have increased lately as the Federal Reserve tries to combat surging inflation with aggressive rate hikes, resulting in volatile risk sentiment around the world