Amid weak international cues, the Indian market prolonged dropping streak for the third day in a row on Tuesday. Benchmarks Nifty50 and Sensex closed decrease by 0.38% and 0.19% respectively as the previous slipped beneath 16, 300 and the latter dropped round 100 factors. The 2 indices ended at 16,240.05 and 54,364.85 respectively.
Within the broader market, Nifty midcap and small cap indices declined between 2-2.5% as India VIX went previous 22-mark.
Although banking, monetary and FMCG shares noticed some shopping for curiosity in a falling market, metallic declined by a whooping over 5% on Tuesday. Realty, Shopper Sturdy, vitality and Pharma shares have been different prime laggards.
Amongst shares, Hindustan Unilever, Asian Paints, Eicher Motors, UltraTech Cements, IndusInd Financial institution, Maruti, Kotak Financial institution and HDFC gained. Coal India, ONGC, Tata Metal, Hindalco, JSW Metal, Solar Pharma, NTPC and Titan declined essentially the most.
