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Stock Market Highlights: Sensex ends 568 pts lower and Nifty slides below 16,450 as market extends losses to t – CNBCTV18

Stock Market Highlights

: Indian equity benchmarks BSE Sensex and NSE Nifty50 extended losses to a third straight day on Tuesday amid weakness across most sectors, as concerns persisted among investors globally on inflation and aggressive hikes in COVID-era interest rates. Financial, IT and FMCG shares were the biggest drags on headline indices. Broader markets also weakened, with the Nifty Midcap 100 and Nifty Smallcap 100 indices falling around half a percent each. All eyes were on the outcome of a key RBI policy meeting due this week.

First Published:  IST