Overview
- The Sensex fell 148.14 points to 83,311.01 and the Nifty slipped 87.95 points to 25,509.70, marking a second straight decline.
- The Sensex swung between an intraday high of 83,846.35 and a low of 83,237.65 as trade stayed volatile.
- Exchange data showed FIIs sold equities worth Rs 1,067.01 crore on Tuesday, while DIIs purchased Rs 1,202.90 crore.
- Market breadth weakened as the BSE smallcap index dropped 1.53% and the midcap gauge fell 1.19%, with utilities, metal and power leading sector losses.
- Power Grid slid 3.15% on weak results as ICICI Bank and NTPC also declined, while the rupee firmed 7 paise to 88.63 against the US dollar.