Indian benchmark equity indices traded lower on Thursday, tracking the decline in global markets as concerns over US economic policies and the outlook for interest rates weighed on sentiment. Read on to know what exactly triggered the crash.

As many as 19 stocks hit their 52-week lows today. BSE stocks such as Kuantum Papers, Response Informatics, Star Housing Finance, Tejassvi Aaharam and Tree House Education their respective one-year low levels.

The Nifty has demonstrated resilience throughout this consolidation phase, and analysts say the upcoming monthly expiry of November derivatives contracts on Thursday could potentially trigger a breakout above the 24,