Market Highlights: Sensex declines 383 factors, Nifty ends under 17,100-mark amid Ukraine-Russia tensions; Realty, IT, FMCGs drag

Share/Stock Market Highlights: The frontline fairness indices on BSE and National Stock Exchange (NSE) fell for the fifth successive session, declining over 0.6 per cent on Tuesday monitoring the weak spot within the Asian markets. Investors dumped equities throughout the board on issues {that a} recent escalation in Russia-Ukraine tensions might flare up oil costs and push inflation increased.

The S&P BSE Sensex fell 382.91 factors (0.66 per cent) to settle at 57,300.68 whereas the Nifty 50 slipped 114.45 factors (0.67 per cent) to finish at 17,092.20. Both the indices had opened with steep losses earlier within the day slipping over 2 per cent within the early commerce with the BSE benchmark hiiting a low of 56,394.85 and the broader Nifty touching 16,843.80. They traded within the destructive territory all through the session nevertheless the hole was narrowed in direction of the final hour of commerce.

On the Sensex pack, Tata Steel and Tata Consultancy Services (TCS) have been the highest losers of the day falling over 3.5 per cent every. They have been adopted by State Bank of India (SBI), Dr. Reddy’s Laboratories, IndusInd Bank and ITC. On the opposite hand, Bajaj Finserv, Mahindra & Mahindra (M&M), Kotak Mahindra Bank, Housing Development Finance Corporation (HDFC), Sun Pharmaceutical Industries and Infosys ended within the inexperienced.

(with inputs from companies)