Sensex fell more than 70 points in early trade, Nifty was around 17,350

While Axis Bank, Sun Pharma, Infosys, ICICI Bank, SBI and Kotak Bank posted losses, Asian Paints, ITC, Nestle India, Tata Steel, HUL and Maruti were among the gainers.

Equity benchmark Sensex fell over 70 points in early trade on Tuesday tracking losses in index heavyweights Infosys, ICICI Bank and TCS amid outflow of foreign funds.

The 30-share Sensex was trading 79.69 points or 0.14% lower at 58,217.22. Similarly, the Nifty fell 26.30 points or 0.15% to 17,351.50 in opening deals.

Axis Bank fell nearly 1% in the Sensex pack, followed by Sun Pharma, Infosys, ICICI Bank, SBI and Kotak Bank. Meanwhile, TCS fell 0.26 per cent.

On the other hand, Asian Paints, ITC, Nestle India, Tata Steel, HUL and Maruti were among the gainers.

In the previous session, the 30-share index rose 166.96 points or 0.29% to reach its new closing record of 58,296.91. It touched an all-time high of 58,515.85 during the session.

Similarly, the broader NSE Nifty climbed 54.20 points or 0.31% to hit its new lifetime peak of 17,377.80. During the session, the record reached 17,429.55.

In Asia, shares in Shanghai and Hong Kong were trading with significant gains in mid-session deals, while Seoul was in the red. Tokyo closed in the green.

US stocks closed mixed in the overnight session.

Foreign institutional investors (FIIs) were net sellers in the capital market as they sold shares worth Rs 589.36 crore on Monday, according to provisional exchange data.

Meanwhile, international oil benchmark Brent crude rose 0.44% to $72.54 a barrel.

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