MUMBAI: Sensex slid 224 points and Nifty shed 66 points in volatile trade on Wednesday as fears of high inflation and aggressive interest rate hikes halted the four-day rally in the domestic equities amid sluggish global cues.
With global markets awash in red after the US inflation data for August spooked investor sentiments, the 30-share benchmark sensex and the broader Nifty slipped below the key 60,000 and 18,000 levels, respectively, in the morning trade.
