<p>Mumbai: Benchmark equity indices Sensex and Nifty tanked in early trade on Tuesday amid sustained foreign fund outflows and a weak trend in the US markets.</p><p>The 30-share BSE Sensex tanked 468.91 points to 72,363.03. The NSE Nifty declined 149.2 points to 21,947.55.</p><p>From the Sensex basket, PowerGrid, Maruti, Bharti Airtel, Asian Paints, UltraTech Cement and Titan were the major laggards.</p><p>Bajaj Finance, Bajaj Finserv, IndusInd Bank and Tata Motors were among the gainers.</p><p>In Asian markets, Tokyo and Shanghai were quoting lower, while Seoul and Hong Kong traded in the positive territory.</p><p>Wall Street ended lower on Monday.</p><p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,309.76 crore on Friday, according to exchange data.</p>.Rupee recovers from all-time low level; rises 29 paise to 83.32 against US dollar.<p>"Market is likely to consolidate this week in the absence of any known triggers for sharp up or down moves. Since the week is a truncated week of three trading days, volumes have dipped markedly indicating absence of significant directional move," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p><p>Equity markets were closed on Monday for Holi.</p><p>Global oil benchmark Brent crude dipped 0.01 per cent to $86.74 a barrel.</p><p>On Friday, the 30-share BSE Sensex climbed 190.75 points or 0.26 per cent to settle at 72,831.94. The NSE Nifty had advanced 84.80 points or 0.39 per cent to 22,096.75.</p>
<p>Mumbai: Benchmark equity indices Sensex and Nifty tanked in early trade on Tuesday amid sustained foreign fund outflows and a weak trend in the US markets.</p><p>The 30-share BSE Sensex tanked 468.91 points to 72,363.03. The NSE Nifty declined 149.2 points to 21,947.55.</p><p>From the Sensex basket, PowerGrid, Maruti, Bharti Airtel, Asian Paints, UltraTech Cement and Titan were the major laggards.</p><p>Bajaj Finance, Bajaj Finserv, IndusInd Bank and Tata Motors were among the gainers.</p><p>In Asian markets, Tokyo and Shanghai were quoting lower, while Seoul and Hong Kong traded in the positive territory.</p><p>Wall Street ended lower on Monday.</p><p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,309.76 crore on Friday, according to exchange data.</p>.Rupee recovers from all-time low level; rises 29 paise to 83.32 against US dollar.<p>"Market is likely to consolidate this week in the absence of any known triggers for sharp up or down moves. Since the week is a truncated week of three trading days, volumes have dipped markedly indicating absence of significant directional move," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p><p>Equity markets were closed on Monday for Holi.</p><p>Global oil benchmark Brent crude dipped 0.01 per cent to $86.74 a barrel.</p><p>On Friday, the 30-share BSE Sensex climbed 190.75 points or 0.26 per cent to settle at 72,831.94. The NSE Nifty had advanced 84.80 points or 0.39 per cent to 22,096.75.</p>