Indian stocks saw late-session selling on Wednesday as Sensex and Nifty closed about 1.5% lower. Market participants said this could signal a further downside, meaning markets may crash further, Moneycontrol reported. Market veteran Sudeep Shah said immediate support for Nifty is placed in the 24,350-24,300 zone, adding that a move below this could take Nifty to 23,800 in short term.