Sensex Dips 184 pts, Nifty Below 17,700; Avalon Tech Tanks 9% on Debut, Yes Bank Up 9%

Sensex Today: The key benchmark remained under selling pressure for the second straight day. Among the frontline indices, the S&P BSE Sensex declined 534 points in intra-day deals, from a high of 60,113 to a low of 59,579. The BSE benchmark finally ended 184 points lower at 59,727. The NSE Nifty 50 slipped 47 points to 17,660.

PowerGrid Corporation dropped 2.3 per cent and was the top loser among the Sensex 30 shares. UltraTech Cement, Reliance Industries and Titan declined 1-2 per cent each. On the other hand, IndusInd Bank and HCL Technologies rallied over 2 per cent each. Nestle India and Wipro were the other major gainers.

The broader indices outperformed, with the BSE Midcap index up 0.5 per cent, and the Smallcap index adding 0.2 per cent.

Rupee Closing

Indian rupee ended lower at 82.04 per dollar on Tuesday against Monday’s close of 81.97.

Read all the Latest Business News, Tax News and Stock Market Updates here