Share Markets Decline Following Two-Days Rise; Sensex Dips By Over 413 Points

Benchmark equity indices closed down on Tuesday after two days of gains, led by index heavyweights HDFC twins and Reliance Industries.

Despite starting the day on a high note, the 30-share BSE Sensex fell 413.24 points or 0.66 percent to close at 61,932.47. It slid 498.3 points or 0.79 percent during the day to 61,847.41.

The NSE Nifty fell by 112.35 points or 0.61 percent to 18,286.50.

Among the Sensex companies, the largest laggards were HDFC, HDFC Bank, Mahindra & Mahindra, Kotak Mahindra Bank, Bharti Airtel, Tata Motors, Reliance Industries, and Maruti.

Among the top gainers were Bajaj Finance, State Bank of India, NTPC, Hindustan Unilever, Titan, Infosys, Bajaj Finserv, Wipro, Asian Paints, and Tata Consultancy Services.

In Asia, Seoul, Tokyo, and Hong Kong markets concluded in the green, while Shanghai closed lower.

The majority of European markets were trading in the green. On Monday, the US stock market finished higher.

Meanwhile, the global oil benchmark Brent crude fell 0.65 percent to USD 74.82 per barrel.

According to exchange statistics, Foreign Institutional Investors (FIIs) acquired securities worth Rs 1,685.29 crore on Monday.

On Monday, the BSE benchmark rose 317.81 points or 0.51 percent to 62,345.71. The NSE Nifty gained 84.05 points or 0.46 percent to close at 18,398.85.

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