Sensex tanks 362 pts, Nifty slips below 11,400

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The domestic stock market continued to bleed on Tuesday with Sensex and Nifty falling nearly 2 per cent each. Rumours of more debt distress, muted auto sales and weak macro data weighed on the stocks.Sensex plunged as much as 737.44 points during the session to 37,929.89, while Nifty tanked up to 226.55 points to 11,247.90.However, benchmark indices recouped losses with the 30-share Sensex ending the day at 38,305.41, down 362 points or 0.94 per cent. Its NSE counterpart Nifty settled the day at 11,365.70, down 109 points or 0.95 per cent.

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Watch Sensex tanks 362 pts, Nifty slips below 11,400 With HD Quality.

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    The domestic stock market continued to bleed on Tuesday with Sensex and Nifty falling nearly 2 per cent each. Rumours of more debt distress, muted auto sales and weak macro data weighed on the stocks.Sensex plunged as much as 737.44 points during the session to 37,929.89, while Nifty tanked up to 226.55 points to 11,247.90.However, benchmark indices recouped losses with the 30-share Sensex ending the day at 38,305.41, down 362 points or 0.94 per cent. Its NSE counterpart Nifty settled the day at 11,365.70, down 109 points or 0.95 per cent.

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    Led by losses in financials and index heavyweight RIL, domestic benchmark indices started Monday's session on a weak note. Macro headwinds, in the form of elevated crude oil prices, persisted and escalating stress around India-US trade relations remained an overhang. At around 9:30 am, the 30-pack Sensex traded 131 points or 0.33 per cent lower at 39,321. Nifty moved below the 11,800 mark and was at 11,781, down 42 points or 0.35 per cent at around the same time.




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