A general view of the Bombay Stock Exchange (BSE) in Mumbai. , Photo Credit: Francis Mascarenhas
Equity benchmarks started trading on a weak note on Tuesday after rallying in the previous trade amid a bearish trend in global markets and foreign fund outflows.
BSE’s 30-share benchmark Sensex closed at 61,412.51, down 393.68 points. The broader NSE Nifty closed 123.1 points lower at 18,297.35.
From the Sensex pack, Larsen & Toubro, Hindustan Unilever, Tech Mahindra, HCL Technologies, Tata Steel, Mahindra & Mahindra, Asian Paints, Power Grid, Tata Motors and Bajaj Finserv were among the major laggards.
Out of the 30-share pack, only Axis Bank is trading in the green.
Elsewhere in Asia, equity markets in Seoul, Tokyo, Shanghai and Hong Kong were trading lower.
US markets closed down on Monday.
On Monday, the BSE benchmark jumped 468.38 points or 0.76 per cent to close at 61,806.19. The Nifty closed at 18,420.45, up 151.45 points, or 0.83 per cent.
International oil benchmark Brent crude climbed 0.50 per cent to $80.20 a barrel.
Foreign institutional investors (FIIs) sold shares worth Rs 538.10 crore on Monday, according to exchange data.