The benchmark indices witnessed heavy selling this morning but managed to stage a recovery over the rest of the day.<\/p>\n\n\n\n
PTI reports: “Equity benchmark Sensex slipped over 190 points on Tuesday, dragged by a massive loss in index heavyweight Reliance Industries amid weak cues from Asian peers as fears of a second wave of coronavirus infections spooked global investors.<\/p>\n\n\n\n
After plunging over 716 points during the day, the 30-share index pared some losses but still settled 190.10 points or 0.60 per cent lower at 31,371.12.<\/p>\n\n\n\n
Similarly, NSE Nifty declined 42.65 points, or 0.46 per cent, to 9,196.55.<\/p>\n\n\n\n
Reliance Industries was the top loser in the Sensex pack, plunging over 6 per cent, followed by Asian Paints, Kotak Bank, HUL, HDFC Bank and ONGC.<\/p>\n\n\n\n
On the other hand, NTPC, Bharti Airtel, ITC and IndusInd Bank and PowerGrid were among the top gainers.<\/p>\n\n\n\n
According to traders, weak cues from global markets on fears of a second wave of coronavirus infections spooked investors across Asia.”<\/p>\n\n\n\n