Business Standard

4 reasons why Sensex lost 561 points on Tuesday

The 30-share index recovered over 600 points in intra-day deals after opening 1227 points lower.

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A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai (Photo: Kamlesh Pednekar)

Pranati Deva New Delhi
Markets recovered partially by close on Tuesday with the S&P BSE Sensex ending at 34,195 levels, down 561 points. The 30-share index recovered over 600 points in intra-day deals after opening 1227 points lower. The fall comes on the back of a spike in bonds yields. Overnight, US markets had suffered their biggest loss in over six years. Back home, investors were also wary ahead of the outcome of the RBI’s monetary policy review on Wednesday.

At an industry event, Finance Secretary Hasmukh Adhia sought to assuage investor concerns and said the sell-off in equity markets was

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