Stock market ends five-day winning streak
At close, Sensex was down 609.28 points, or 0.82%, at 73,730.16. Meanwhile, Nifty opened higher at 22,620.40 and touched a low of 22,419.90 in intraday trades.
Tracking mixed Asian peers, Indian equity markets started Tuesday’s trading session on a flat note. At 9.50 am, the Sensex at the BSE was trading 16 points up at 28,829 and the Nifty at the NSE was trading five points higher at 8,901.
However, broader markets again outperformed the front liners. BSE Midcap and Smallcap indices jumped around 0.4 per cent each.
Among the BSE sectoral indices, Telecom index jumped the most, up 0.7 per cent, while Oil & Gas index became the top loser, down 0.4 per cent.
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On Monday, the Sensex snapped six-session winning streak and closed 80 points down at 28,813. The broader Nifty closed 43 points lower at 8,897.
Top gainers in the Sensex-30 pack: Bharti Airtel (up 1.8 per cent), L&T (up 1 per cent), Cipla (up 1 per cent), Sun Pharma (up 0.8 per cent) and Adani Ports (up 0.8 per cent).
Top losers in the Sensex-30 pack: Coal India (down 1.4 per cent), HUL (down 0.8 per cent), ITC (down 0.5 per cent), Bajaj Auto (down 0.4 per cent), and ICICI Bank (down 0.3 per cent)
Meanwhile, the Rupee was trading eight paise down at 66.78 against the US Dollar.
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