The benchmark indices slid more than 1% on Thursday amid weak global cues and concerns over global growth. The lower-than-expected GDP growth for the first quarter and the marginal fall in the manufacturing PMI for August also weighed on the sentiment. Globally, market participants are now confronted with an environment of slowing growth, rising probability of recession, elevated inflation and central banks that are determined to hike interest rates and stay the course. Also Read: F&O expiry day: Sensex gives up 59000, fresh uptrend in Nifty likely above 17700 breakout; what dragged D-St? The BSE Sensex fell 1,014 points intraday …
