Worries about a slowdown in the US economy — a major export market — have dragged down Asian markets, including Indian market, since the start of the year.

Why bears are roaring back?

• Investors sell stocks to apply for Reliance IPO

• PM’s council hints at lower growth this year

• Inflation rises to 3.79% as per latest figures

• Hike in fuel prices to put pressure on inflation

• US economy sliding into recession

BSE Sectoral Indices

AUTO Escorts -8.7%; TVS Motors -6.2%

BANKEX Kotak Bank -10.5%; Canara Bank -9.6%

CD Gitanjali Gems -9.3%; Titan Ind. -5.9%

CG Kirloskar Oil Engines -9.9%; Praj Ind. -8.5%

FMCG Tata Tea -6.4%; United Breweries -3.6%

HC Divi's Lab. -8.3%; Bilcare -8.2%

IT Aptech -9.5%; NIIT Tech. -7.0%

METAL Jindal steel -9.4%; Ispat Ind. -7.2%

OIL&GAS Essar Oil -8.1%; Indian Oil -7.6%

POWER CESC -7.1%; GMR Infrstr. -6.6%

PSU IDBI -10.2%; Canara Bank -9.6%

REALTY Ansal Prop. & Infrstr. -12.7%; Peninsula Land -11.5%

... contd.