Indian share market continued to drop for the fifth straight session on Monday amid weak global cues. Asian share markets slipped down as investors braced for a Federal Reserve meeting at which it is expected to confirm it will soon start draining the massive lake of cash that has supercharged growth stocks in recent years.
As of 1:44 pm, the 30-share BSE Sensex pack was down 1,505 points or 2.55 % at 57,532 and the broader NSE Nifty slumped down 455 points or 2.58 % to 17,162.
Mid- and small-cap shares were in the negative zone as Nifty Midcap 100 index fell 3.37 % and small-cap shares were trading 4.20 % lower.
