Financials, Reliance drag Sensex down 396 pts; Maruti zooms 7%, M&M 3%

Stock market LIVE: The NSE Nifty swung in a range of 174 points, and finally settled at 17,999, down 110 points

Closing Bell

The broader indices outperformed the benchmark indices in trade on Tuesday owing to selective buying. Auto shares were in favour today, while financials and index heavyweight Reliance Industries witnessed selling pressure.

The BSE Sensex opened touched a high of 60,803 in opening trade and soon slipped into the negative zone. The BSE index very briefly managed to sneak into the positive zone in mid-noon deals, before a fresh sell-off began. The Sensex dipped to a low of 60,200 at the fag end of the day, and evenutally ended with a loss of 396 points at 60,322.