Sensex drops 155 points, Nifty closes 62 points down
New Delhi: BSE Sensex and Nifty opened on a volatile note on Tuesday, tracking weak Asian cues but turned flat during afternoon and finally closed with losses for the second day today.
The Sensex at the Bombay Stock Exchange lost 155 points, or 0.40 percent, to close at 38,158. The Nifty at the National Stock Exchange also declined 62 points, or 0.54 percent, to 11,526.
Among Sensex stocks Asian Paints emerged to be the top index loser with a loss of over 3 per cent.
However, IT major InfosysNSE 2.79 % was the best index performer and soared nearly 3 per cent to settle at Rs 735.65. Shares of the company rose after the scrip went ex-bonus in the ratio of 1:1.
Banking, media, FMCG, metals, auto and pharma stocks shed the most. The Nifty metal index lost 1.94 per cent to settle at 3,585.60.