Indian markets fell today, extending losses to the fourth day in a row. The Sensex ended 198 points lower at 38,106 while Nifty settled 0.41% lower at 11,313. Yes Bank shares today rebounded 34% after Chief Executive Officer Ravneet Gill said before the opening bell that the lender was on a firm financial footing.
Banking and metal stocks led the decline today. Among banks, Kotak Bank, IndusInd Bank and HDFC Bank fell between 2% and 3%.
Global markets were mostly lower today as the US said it would slap tariffs on European goods, adding to slowdown worries at a time when the U.S.-China trade war is already hurting global economic growth.