In the Sensex pack, 17 stocks were trading with gains, while remaining 13 stocks, including HDFC twins, slipped into negative territory.
In the Sensex pack, 17 stocks were trading with gains, while remaining 13 stocks, including HDFC twins, slipped into negative territory.
Equity benchmark Sensex fell over 200 points in early trade on Tuesday, tracking losses in index-heavyweights HDFC twins, Reliance and Infosys, booking profits at higher valuations amid mixed global cues.
The 30-share Sensex and broader Nifty saw heavy volatility in opening deals.
The 30-share BSE barometer was trading 212.43 points or 0.35% lower at 60,399.31 in early trade. Similarly, the broader NSE Nifty fell 49.95 points or 0.28% to 18,003.45.
From the 30-share pack, HDFC Bank, HDFC, Kotak Mahindra Bank, Bajaj Finance, State Bank of India, Bajaj Finserv, Nestle India, Axis Bank, Reliance and ICICI Bank were the biggest laggards.
While Tech Mahindra, Titan, HCL Tech and TCS were trading in the green.
In the Sensex pack, 17 stocks were trading with gains, while remaining 13 stocks, including HDFC twins, slipped into negative territory.
Both HDFC and HDFC Bank closed over 1% at ₹2,644.30 and ₹1,634.30, respectively.
On Monday, the Sensex closed at a two-month high of 60,611.74, up 1,335.05 points or 2.25%, while the Nifty 50 ended up 382.95 points or 2.17% at 18,053.40.
Meanwhile, international oil benchmark Brent crude rose 1.29% to $108.92 a barrel.
Asian markets witnessed mixed trends as Japanese benchmark Nikkei 225 was trading marginally lower, while Hong Kong’s Hang Seng and South Korea’s Kospi indices were in positive territory.
On Monday, major US indices ended the day with gains.
Foreign portfolio investors infused over Rs 1,150 crore in equities on Monday amid a rally in the market.