Market declines due to foreign investor selling, weak quarter earnings
At the close, the Sensex fell by 1.2 per cent or 942 points to 78782.24, while the Nifty dropped 1.27 per cent or 309 points to 23995.35.
Heavy selling pressure in metals and interest sensitive stocks — banking, auto and capital goods — subdued the key indices of the domestic equity markets during Tuesday’s early morning trade session.
At 9.30 a.m., the wider Nifty50 of the National Stock Exchange (NSE) traded lower by 32.60 points or 0.32 per cent at 10,095.15 points.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 32,814.03 points, traded at 32,731.50 points — down 138.22 points or 0.42 per cent — from Monday’s close.
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The Sensex touched a high of 32,830.91 points and a low of 32,731.21 during the intra-day trade so far.
The BSE market breadth was bearish as only 518 stocks advanced against a decline of 1,148 scrips.
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