Indian shares slid over 1% on Thursday, erasing all their gains from the previous day when Donald Trump was elected U.S. president, with analysts blaming profit-booking and concerns over foreign inflows, while weak earnings also weighed.

Dear Trader… The markets traded under pressure, losing over a percent, as they resumed their corrective trend after two days of gains. Despite a strong overnight performance in U.S. markets following Donald Trump’s presidential win, Nifty Future maintained a bearish tone, dipping early and holding that sentiment throughout the session.