Stock Market Live: Sensex falls 300 points, Nifty near 11,500; Banks, metals drag

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© Provided by CNBCTV18 Stock Market Live: Sensex falls 300 points, Nifty near 11,500; Banks, metals drag Stoc

k Market Live: The Indian market slipped on Thursday following losses in global markets after the US Federal Reserve’s policy-making committee indicated the overnight rate could stay close to zero for years to reach its 2 percent inflation target. Losses in the domestic indices were led by metal, banks and realty stocks. Broader markets were also under pressure with Nifty Smallcap 100 index trading 0.46 percent lower while Nifty Midcap 100 index down 0.27 percent.