BSE Sensex fell 1.15 per cent or 642.73 points to 55,032.59. The NSE Nifty 50 index was down 1.06 per cent or 175.20 points at 16,394.35.
Sensex and Nifty were in red.
HIGHLIGHTS
- Banks, autos and pharma stocks fell more than 1%
- Technology stocks dropped 1.8%
- PB Fintech fell 8.3%
Key equities in share markets dropped more than 1 per cent on Tuesday ahead of a possible rate decision from the country’s central bank, while global investors awaited US inflation data and key rate decisions in Europe.
While the S&P BSE Sensex fell 1.15 per cent or 642.73 points to 55,032.59. The NSE Nifty 50 index was down 1.06 per cent or 175.20 points at 16,394.35.
STOCK MARKET IS DOWN
On Tuesday, stocks across the board tumbled with banks, autos and pharma stocks falling more than 1 per cent each.
Beaten down technology stocks dropped 1.8 per cent and the sub-index is already down roughly 24 per cent so far this year.
Financial services platform PB Fintech fell…
