Markets Extended Losing Streak as Sensex Falls 243 Points, Nifty Ends Below 22,750, Titan Drops 2.72%

Nifty Slips 64 Points, Sensex Falls 243 Points Amid FII Outflows, High Crude and US Treasury Yields

Get latest articles and stories on Business at LatestLY. The equity markets ended lower on Tuesday as persistent foreign investor outflows, elevated crude oil prices and high US Treasury yields kept investors cautious. The pressure was also intensified by the rapid pace of IPO fundraising, which is absorbing liquidity from the market. Business News | Nifty Slips 64 Points, Sensex Falls 243 Points Amid FII Outflows, High Crude and US Treasury Yie…

Markets extended losing streak as Sensex falls 243 points, Nifty ends below 22,750, Titan drops 2.72%

Meanwhile, the Indian rupee traded largely flat near 95.97, up about 0.10 per cent, as crude prices saw some profit booking after recent highs. However, rising bond yields and a stronger Dollar Index continue to keep pressure on the currency.

Markets extend losing streak as crude, bond yields keep markets under pressure

The Sensex closed at 72,529.07, down 242.65 points or 0.33%, while the Nifty 50 ended at 22,716.20, lower by 64.05 points or 0.28%.

Sensex, Nifty rebound from near six-month lows amid crude shock

The NSE Nifty 50 traded 0.29% lower while the BSE Sensex shed 0.35% to 72,522.09 by mid-morning trade. Earlier in the session, both indices tumbled as much as 0.9%.