Categories: Business

Sensex Drops 109 points, Nifty Slip below 17,900

Mumbai: Benchmark BSE Sensex decreased 109 points on Tuesday due to losses in the Heaxerweight Reliance Industries Index, Tata Steel and ICICI Bank amid material trends in the global market.
The 30-stock index ended 109.40 points or 0.18 percent lower at 60,029.06.
The wider NIFTY NSE fell 40.70 points or 0.23 percent to 17,888.95.
Tata Steel is the top loser in the sensex package, spilling around 3 percent, followed by Mahindra technology technology, HCL, Indusind Bank and Reliance Industries.
On the other hand, Maruti, NTPC, Titan, SBI and L & T are included between controls.
“Overriding LOYO’s global sentiment, the domestic index failed to obtain oscillating land between the benefits and losses in a rough session,” said Vinod Nair, a research head at Geojit Financial Services.
The global market remains nervous in front of the English and Fed Bank meetings that will come where the central bank can stop the stimuli of the era, he added.
Elsewhere in Asia, the stock exchange in Shanghai, Hong Kong and Tokyo ended with a loss, while Seoul was positive.
The stock market in Europe is mostly traded with a mid-session increase.
Meanwhile, Brent Crude’s international oil benchmark rose 0.02 percent to $ 84.73 per barrel.

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