Profit booking, negative global cues and a weakened rupee depressed the Indian equity markets on Tuesday.
Besides -- a day after Cyrus P. Mistry was removed as Chairman of Tata Sons, scrips of Tata Group's many subsidiaries pared some of their initial losses during the trade session but still ended in the red.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) fell by 17.65 points or 0.20 per cent to 8,691.30 points.
The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,159.09 points, provisionally closed at 28,091.42 points (at 3.30 p.m.) -- down 87.66 points or 0.31 per cent from the previous close at 28,179.08 points.
The Sensex touched a high of 28,211.41 points and a low of 28,013.69 points during the intra-day trade.
The BSE market breadth was firmly in favour of the bears -- with 1,446 declines and 1,344 advances.
On Monday, the equity markets closed in the green due to positive global cues, bargain hunting and a strengthened rupee.
The barometer index had gained 101.90 points or 0.36 per cent to close at 28,179.08 points, while the NSE Nifty inched up by 15.90 points or 0.18 per cent to 8,708.95 points.
--IANS
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