On the back of widespread profit booking in bluechip private bank stocks, BSE Sensex and Nifty 50 ended over a per cent lower on Tuesday. The 30-share Sensex plunged 855 points from day’s high to end at below 34,000-mark, while the broader Nifty 50 index dipped 245 points from intraday’s high to the close the session at 10,046. Index heavyweights such as HDFC Bank, Reliance Industries, Bharti Airtel, ICICI Bank and Kotak Mahindra Bank were among major contributors in the Sensex plunge today.
Our markets also seem to be driven by global cues and European markets opening in the red had an impact on our markets. US FOMC announcements tomorrow can have a bearing on the global markets.
