Nifty50 set for worst 15 years as 10% selloff deepens
Nifty50 is down more than 10% and is headed for its worst performance in 15 years. The index has lost nearly 2,700 points (10.3%) since the start of the year, with about 60% of constituents contributing.
With a decline of more than 10%, the benchmark Nifty50 is on track for its weakest showing in 15 years. The index last posted a double-digit annual drop in 2011, when it fell 25%. 3%, and about 60% of its co…