New Delhi , 22 October (H.S.)
Equity benchmark indices Sensex and Nifty fell over 1% on
Tuesday due to a widespread sell-off driven by massive foreign fund outflows
and sluggish global markets. The BSE Sensex dropped 930 points, or 1.15%, to
close at 80,220, with intraday losses reaching 1,001 points. The NSE Nifty
tumbled 309 points, or 1.25%, settling at 24,472.
Major laggards in the Sensex pack included Mahindra &
Mahindra, State Bank of India, and Tata Steel, while ICICI Bank, Nestle, and
Infosys gained. Foreign Institutional Investors sold equities worth ₹2,261 crore,
whereas Domestic Institutional Investors bought ₹3,225 crore.
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Hindusthan Samachar / Nimish kumar