105: 20.08.2020 | FOMC minutes hurt sentiment, markets weak

Markets ended with a cut of nearly a percent on Thursday, pressurized by weak global cues. The reaction came in response to the US Fed statement as the global central signalled uncertainty over growth recovery from the COVID impact. Markets, globally, were banking on expectations of a steady recovery in major economies and consequent return to normalcy for businesses. The BSE Sensex ended at 38,220.39 down 394.40 points or 1.02%. The Nifty was cat 11,312.20, down 96.20 points or 0.84%.