Page 2 of Consumer Durables

Despite positive news such as the RBI rate cut and strong GDP growth, the Indian markets are facing a sharp decline with the Sensex falling 800 points and the Nifty trading below 26,000. The small and midcap segments are most affected, while investors are cautious ahead of the US Fed’s decision on interest rates. The weakening rupee and outflows by FIIs are also contributing to the downward trend.