CLOSING BELL: The NSE Nifty50, held the crucial 16,400-mark to shut shop at 16,416, down 153 points

MARKET LIVE: Sensex down 600 pts, Nifty tests 16,400; RIL, Airtel off lows

<b>CLOSING BELL<br />
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Stock market highlights:&nbsp;</b>Benchmark indices ended 1 per cent lower on Tuesday as investors booked profit in equities a day ahead of the RBI&#39;s monetary policy outcome. The 10-year government bond yield, meanwhile, ended 0.4 per cent up at 7.53 per cent.<br />
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The S&P BSE Sensex fell 793 points intra-day before closing 568 points lower at 55,107. The NSE Nifty50, held the crucial 16,400-mark to shut shop at 16,416, down 153 points.<br />
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Consumer durables, realty, IT, and financials were among the worst hit pockets with Titan, UPL, Dr Reddy&#39;s Labs, Britannia, L&T, HUL, Asian Paints, Bajaj Finance, TCS, ICICI Bank, Bajaj Finserv, Infosys, and Tech M sheding between 1.5 per cent and 4.5 per cent.<br />
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	On the upside, the Nifty Auto, and Oil and Gas indices settled in the green, with ONGC, Coal India, Maruti Suzuki, NTPC, Tata Motors, Hero MotoCorp, M&M, Bajaj Auto, and BPCL leading from the front.&nbsp;</div>
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	In the broader market, the BSE MidCap and SmallCap indices dropped up to 0.88 per cent.</div>
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	<strong>Global markets</strong></div>
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	Global stock markets were mixed Tuesday after a bond sell-off on Wall Street fuelled anxiety about a possible U.S. economic slowdown and Australia raised interest rates. London, Shanghai and Hong Kong declined. Frankfurt opened higher and Tokyo gained. <a href="https://www.business-standard.com/article/international/global-stock-markets-mixed-as-wall-street-bond-sell-off-yen-at-2-yr-low-122060700523_1.html?1654594535" target="_blank"><strong>READ MORE</strong></a></div>

Investors book profit day ahead of RBI policy outcome; Sensex falls 568 pts

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Investors book profit day ahead of RBI policy outcome; Sensex falls 568 pts | News on Markets - Business Standard

Brent crude continues to hover at $120 a barrel

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US markets end higher in a choppy session

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