
Sensex closed 930 pts lower at 80,220 and Nifty fell to a two month low at 24,472, down 309 pts on Tuesday. The stock market saw across the baord sell-off today. Sensex and Nifty tumbled on Tuesday as FIIs continued their selling spree in local equities in October. Selling by FIIs reached Rs 88,244 crore by October 21, as per NSDL data. Also, profit-booking was expected as the market was trading with expensive valuations, said analysts. Investor wealth declined by Rs 9.2 lakh crore to Rs 444.45 lakh crore compared with a valuation of Rs 453.65 lakh crore recorded in the previous session.
The benchmark indices closed lower for the second straight session today. Sensex ended 930 pts lower at 80,220 and Nifty fell to a two month low at 24,472, down 309 pts on Tuesday. The stock market saw across the board sell-off today.