Sensex tumbles over 430 points; Nifty slips below 18,000
The Hindu
HDFC Bank was the top loser in the Sensex pack
Equity benchmark Sensex dropped over 430 points on Tuesday as investors booked profits in banking and financial stocks after sharp gains in the previous session.
Investor focus returned to the Russia-Ukraine war and rising oil prices, traders said.
The 30-share BSE gauge ended 435.24 points or 0.72% lower at 60,176.50. Similarly, the NSE Nifty shed 96 points or 0.53% to close at 17,957.40.
HDFC Bank was the top loser in the Sensex pack, followed by Bajaj Finserv, HDFC, Kotak Bank, IndusInd Bank, Bajaj Finance and Reliance Industries.
On the other hand, NTPC, PowerGrid, ITC, Titan, TCS and Nestle India were among the gainers, surging up to 3.40%.
Of the Sensex constituents, 17 shares closed lower while 13 were in the green.
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Rupee rises slightly against US dollar amid geopolitical pressures, foreign outflows, and domestic equities; Brent oil surges.
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