- The Bombay Stock Exchange (BSE) and Nifty fell sharply on Tuesday after negative global cues forced investors into cutting down on their bets. Heavy selling was witnessed in IT stocks after news broke of Royal Bank of Scotland cancelling its contract with Infosys.
- The National Stock Exchange (NSE) slipped by 29.60 points or 0.34 percent to 8,642.55 points, while the Sensex of the BSE, which opened at 28,190.04 points, provisionally closed at 28,064.61 points – down 87.79 points or 0.31 percent from the previous day’s close at 28,152.40 points.
- The Sensex touched a high of 28,199.10 points and a low of 27,942.65 points during the intra-day trade.
- On Friday, the benchmark indices had closed with substantial gains on the back of positive global cues, coupled with higher crude oil prices and healthy inflow of foreign funds. The barometer index had closed higher by 292.80 points or 1.05 percent, while the NSE Nifty edged up by 80 points or 0.93 percent.
(With IANS inputs)
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