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Sensex falls 700 points, Nifty falls below 16400; Top drags include HDFC Bank, and Infosys

Today’s Stock Market News | Sensex, Nifty, and Share Prices LIVE: The BSE Sensex and Nifty 50 were trading nearly 1% lower.

Today’s Stock Market News | Sensex, Nifty, and Share Prices LIVE: On Tuesday, the domestic equity market benchmarks BSE Sensex and Nifty 50 were trading nearly 1% lower.

The BSE Sensex fell 550 points to 55115, while the NSE Nifty 50 dropped 158 points to 16450.

Reliance Industries Ltd (RIL) and Axis Bank were the only companies trading in the black. Titan Company, Asian Paints, Hindustan Unilever Ltd (HUL), Sun Pharma, Kotak Mahindra Bank, Dr Reddy’s Laboratories, and Mahindra & Mahindra were among the top index losers (M&M).

With the exception of the Nifty PSU Bank and Nifty Oil & Gas indices, all sectoral indices were in the red. The Nifty Bank index dropped 0.7% to 35,056.65.

Read Also: As high oil prices weigh on the Indian rupee, it may fall even further

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