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.
The Sensex advanced over 130 points during the Tuesday morning trade session as it opened higher with key banking and finance sectors gaining.
All the sectors on the NSE traded in green, as well, except for IT, Pharma and Media stocks as the Indian rupee slid against the US dollar on Tuesday.
The Sensex of the BSE opened at 35,543.24 from its previous close at 35,498.44 on Monday.
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At 9.35 am, the Sensex traded at 35,631.65, higher by 133.21 points or 0.38 per cent.
The Nifty of the National Stock Exchange (NSE) opened at 10,636.70 after closing at 10,640.95 on Monday.
The Nifty traded at 10,667.25 during the morning trade session, up 26.30 points and 0.25 per cent.
On Monday, foreign institutional investors (FIIs) were net sellers and the domestic institutional investors (DIIs) were net buyers.
FIIs sold stocks worth Rs 1,239.79 crore while the DIIs bought stocks to the tune of Rs 2,336.74 crore.
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