Markets end lower dragged by HDFC Bank, Reliance, ICICI Bank
The Free Press Journal|May 08, 2024
After a positive start, Sensex-Niity ended in red amid high volatility and continued FII selling

Equity benchmark indices Sensex and Nifty declined on Tuesday dragged by HDFC Bank, Reliance Industries and ICICI Bank amid concerns over rich valuation of equities. After a positive start on Tuesday, the Indian stock market encountered selling pressure, leading to both indices slipping into the negative territory.

Paring all its early gains, the 30-share BSE Sensex went lower by 383.69 points or 0.52 per cent to settle at 73,511.85. During the day, it tanked 636.28 points or 0.86 per cent to 73,259.26. The NSE Nifty declined 140.20 points or 0.62 per cent to 22,302.50.

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