Sensex Falls Over 150 Points, Nifty Trades Below 16,250; IT, Bank Stocks Drag
NDTV
Indian equity indices on Tuesday traded lower in opening deals after rising for two consecutive sessions, dragged by consumer goods, technology and bank stocks.
Indian equity indices on Tuesday traded lower in opening deals after rising for two consecutive sessions, dragged by consumer goods, technology and bank stocks. Domestic indices took cues from the Asian markets, which mostly declined following an overnight slide on Wall Street.
However, global markets struggled to find a firm direction as U.S. stock futures and Japan's Nikkei were up.
Back home, the 30-share BSE Sensex fell 179 points or 0.33 per cent to 54,341 in the early session, while the broader NSE Nifty moved 53 points or 0.33 per cent lower to trade at 16,225.
Mid- and small-cap shares were trading on a mixed note as Nifty Midcap 100 edged 0.08 per cent higher and small-cap shed 0.19 per cent.
