Stock Market Today BSE Sensex Tanks 736 Points NSE Nifty Tests 21,800 TCS Sinks 4 Per Cent

Stock Market Today BSE Sensex Tanks 736 Points NSE Nifty Tests 21,800 TCS Sinks 4 Per Cent

Stock Market Today BSE Sensex Tanks 736 Points NSE Nifty Tests 21,800 TCS Sinks 4 Per Cent

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The two key equity benchmarks, Sensex and Nifty, on Tuesday ended lower by 1 per cent ahead of the US Fed’s interest rate decision scheduled on Wednesday. The S&P BSE Sensex plunged 736 points to close at 72,012. On the other hand, the NSE Nifty50 settled at 21,817, down 238 points.

On the 30-share Sensex platform, TCS declined 4 per cent after Tata Sons likely sold about 0.6 per cent stake in the firm. Nestle, IndusInd Bank, Wipro, HCL, Infosys were among the other losers. On the flip side, Bajaj Finance, Kotak Bank, ICICI Bank, Airtel, HDFC Bank, Bajaj Finserv emerged gainers.

In the broader markets, the BSE Midcap and Smallcap indices dropped 1.36 per cent and 1 per cent, respectively.

Sectorally, all the indices closed in the red, with Healthcare, IT, FMCG, Capital Goods, Oil & Gas, Power segments fell 1-2 per cent.

In the previous session on Monday, the BSE Sensex closed 105 points up at 72,748, while the NSE Nifty50 ended at 22,056, up 32 points.

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