Mumbai, June 11: The Indian stock market witnessed the brutal selling after many sessions of sustained rally as subdued economic outlook from the US Federal Reserve and worries of a second wave of COVID-19 cases weighed on investors’ sentiments. The US Fed expects -6.5 per cent contraction in US GDP for 2020 and interest rate to remain zero till 2022. Banking index was down ~2.7 per cent as the investors are also cautious over the Adjusted Gross Revenue (AGR) case related to the Telecom sector, given the higher exposure of banks to Vodafone Idea.