Investors decided to wait on the sidelines ahead of significant events anticipated later this week, such as the interim budget and the US Fed interest rate decision. Additionally, the drop in the equities of Bajaj Finance and Reliance Industries dragged the markets down.
The 30-share BSE Sensex fell 94.08 points to 71,847.49. The Nifty dropped 31.6 points to 21,706.
The top laggards were Bajaj Finance, Bajaj Finserv, Reliance Industries, UltraTech Cement, Titan, NTPC, and Larsen & Toubro.
Among the gainers were Hindustan Unilever, JSW Steel, Wipro, and Tata Motors.
In Asian markets, Seoul and Tokyo are trading in the green, while Shanghai and Hong Kong trading in the red.
On Monday, the US markets finished in green.
Brent crude gained 0.22 percent to USD 82.58 a barrel.
According to exchange data, Foreign Institutional Investors (FIIs) bought securities worth Rs 110.01 crore on Monday.
On Monday, the Sensex soared 1,240.90 points or 1.76 percent to 71,941.57, while the Nifty moved 385 points or 1.80 percent to 21,737.60.
Also read: X Lifts Ban On Taylor Swift’s Searches for Viral Fake Images
The Indian stock market displayed resilience, opening on a positive note despite escalating geopolitical tensions…
Prime Minister Narendra Modi continues to honor Mahatma Gandhi’s ideals beyond India’s borders. During his…
'The petitioner’s arguments cannot override the constitutional rights of AIMIM members. This petition has no…
PM Modi emphasized the shared struggles of India and Guyana for independence from colonization. PM…
The rise in turnout came with an 8.5% increase in the number of eligible voters.…
"42 people have died as a result of firing on passenger vehicles in Kurram district.…