Amid nervousness in the market during voting for the third phase of the Lok Sabha election, Indian benchmark equity indices closed lower on Tuesday, dragged by index heavyweight Reliance Industries, banking and auto stocks.
The 30-share BSE benchmark Sensex declined 384 points or 0.52% to settle at 60,432. The broader NSE Nifty dropped 140 points or 0.62% to end at 22,302.
The market capitalisation of all listed companies on the BSE declined by Rs 5 lakh crore to Rs 398.4 lakh crore.
HDFC Bank, Reliance Industries, ICICI Bank, Power Grid, Tata Motors, and Axis Bank exerted downward pressure on the Sensex, while TCS, Infosys, Tech Mahindra, Nestle India, and HUL contributed positively to the index.
More to come…
