Key benchmark indices closed Tuesday’s trade in the negative territory tracking weakness in the domestic currency, together with rising crude prices and weak Asian markets. The BSE Sensex fell 175 points to 34,299 and the NSE Nifty50 Index declined 47 points to 10,301.
Nifty media index rose 2.13% at 2,398.35, followed by Nifty metal, Nifty Pharma, Nifty IT and Nifty financial service.
Nifty Auto index plunged heavily 2.63% at 8,732.90 with Tata Motors (-13.09%), Eicher Motors (-4.22%), Exide industries (-3.21%), Maruti (-3.12%), TVS Motors (-2.14%) in trade today.
On the NSE and BSE, Tata Motors was the top drag in today’s trade. In contrast, Non Banking Finance Companies stocks gained today, with DHFL shares coming out as the top mid-cap gainers on the BSE.
The Indian rupee on Tuesday has fallen to a new record low of 74.35 against the US dollar.