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The BSE Sensex and Nifty were weak on Tuesday, tracking lower Asian markets. The Sensex fell over 150 points while Nifty was trading near 7850.Strong selling pressure was seen in metal, oil & gas and IT stocks. ONGC fell 2.8 per cent to be the biggest Nifty loser while Hindalco declined 2.7 per cent and Vedanta 1 per cent. Among IT stocks, Infosys and HCL were down nearly 1 per cent.
The market started off Tuesday on a negative note with the BSE Sensex falling 115.29 points to 26006.11 and the Nifty declining 33.15 points to 7882.05. Weak global cues drove market lower. ONGC, Hindalco Industries, Vedanta, Infosys, Coal India and IndusInd Bank were big losers in early trade, down 1-2 percent. Tata Motors, L&T, NTPC, Tata Power, BPCL and Maruti Suzuki gained strength.
The BSE Sensex and Nifty were weak on Tuesday, tracking lower Asian markets. The Sensex fell over 150 points while Nifty was trading near 7850.Strong selling pressure was seen in metal, oil & gas and IT stocks. ONGC fell 2.8 per cent to be the biggest Nifty loser while Hindalco declined 2.7 per cent and Vedanta 1 per cent. Among IT stocks, Infosys and HCL were down nearly 1 per cent.
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