Sensex near 52,400, Nifty above 15,700-level

Domestic stock benchmarks, BSE Sensex and Nifty 50 began Tuesday’s trading session in the red territory

Indian stock markets began trading in the red territory on Tuesday as bears continued to assert control on Dalal Street and amid weak cues from global markets.

 

The Bombay Stock Exchange Sensex was down 228 points or 0.38 per cent at 52,325 and broader NSE Nifty 50 fell 61 points or 0.37 per cent to 15,691.

 

HCL Tech was the top index loser, down over 2 per cent, followed by HDFC Bank, Bharti Airtel, M&M, IndusInd Bank, ICICI Bank and Axis Bank.

 

UltraTech Cement, Asian Paints, PowerGrid and Nestle India were among the index gainers.

 

Elsewere in Asian stocks, Bourses in Shanghai, Hong Kong, Seoul and Tokyo were trading with heavy losses in mid-session deals. Stocks on Wall Street too ended with massive losses in overnight sessions.

 

India Scanner News Network

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