Financials are the natural choice for bargain hunters because retail sales in the U.S. were weak so investors feel the upside for interest rates may be less than expected.
The market is following Wall Street and Nasdaq lower at the moment but I think we're going to see bargain hunting coming in later,
The market seems to have found support at 15,300 this morning. I think the fact that Nasdaq recovered on bargain hunting in some tech stocks in late trade on Wednesday has stopped stocks falling so sharply here.