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Should you buy now after today's Sensex fall? Analysts in wait-and-watch mode

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Sensex ended over 1400 points lower at 45,553 after sliding over 2,000 points at day's low. The Nifty ended 3.2% lower at 13,328 with broader markets also seeing a big selloff.

The BSE midcap and smallcap indices slumped over 4% each. Though many analysts were expecting a consolidation after the recent upmove, the intensity of today's crash took everyone by surprise."The new variant of the coronavirus in the UK spooked markets as we witnessed intense selling in pivotal throughout afternoon trade.

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