Stock Market Update: Sensex Drops 200 pts At Open, Nifty Tests 18,600; Key Points


Source: news18.com news18.com

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Sensex Today: The Sensex and Nifty benchmark indices opened lower on Tuesday as global stocks decline on fears of continued rate hikes by the US Fed. The BSE Sensex fell 300 points to 62,542, and the NSE Nifty50 slipped 80 points to 18,619. Tata Steel, HCL Tech, Infosys, Power Grid, TCS, Nestle led losses on the Sensex, down up to 1.8 per cent, while Hindalco was the top Nifty loser. On the flip side, IndusInd Bank, Axis Bank, Ultratech Cement, SBI Life, HDFC Life, and Coal India were the top outperformers across the two indices. The broader markets too opened...