Sensex Plunges 930 Points; Nifty Dips Below 24,500
(RTTNews) - Indian shares tumbled on Tuesday, with sentiment dented by weak September quarter earnings, stretched valuations and heavy selling by foreign investors.
Weak global cues also weighed on markets as traders grappled with heightened tensions in the Middle East and uncertainty over the U.S. election outcome that's less than two weeks away.
The benchmark S&P/BSE Sensex plummeted 930.55 points, or 1.15 percent, to 80,220.72 while the broader NSE Nifty index closed at 24,472.10, down 309 points, or 1.25 percent, from its previous close.
The mid-cap and small-cap indexes on the BSE ended down 2.5 percent and 3.8 percent, respectively.
SBI, Adani Enterprises, Coal India, Mahindra & Mahindra and BEL slumped 3-4 percent in the Nifty pack while ICICI Bank rose 0.7 percent. Shares of Infosys and Nestle India ended little changed with a positive bias.
Shares of Hyundai Motor India, the country's second-largest carmaker, declined 4.6 percent on debut.
Canadian Dollar Advances Against Majors
Swiss Market Ends Higher For 2nd Straight Session
Major European Markets Close Slightly Weak
TSX Marches On, Hits Fresh Record High; Materials Stocks Rally
Bank Of Japan Holds Rate Steady; Plans To Lower ETF Holdings
Bay Street Likely To Open On Subdued Note
FTSE 100 Recovers After Slight Setback, Up Marginally At Noon
