Stock Market Today: Sensex Falls 802 Points; Nifty Around 21,500. Bajaj Finance Skids 5 Per Cent

Stock update: On the 30-share Sensex platform, Bajaj Finance tanked 5.17 per cent, followed by Titan, UltraCemco, NTPC, Bajaj Finserv, Reliance

In the broader markets, the BSE Midcap index shed 0.6 per cent and Smallcap index ended on a flat note.

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The two key equity benchmarks, Sensex and Nifty, on Tuesday fell again amid profit booking in some stocks. The S&P BSE Sensex tumbled 802 points to close at 71,139. On the other hand, NSE Nifty50 declined 216 points to end at 21,522.

On the 30-share Sensex platform, Bajaj Finance tanked 5.17 per cent, followed by Titan, UltraCemco, NTPC, Bajaj Finserv, Reliance. On the flip side, Tata Motors, HUL, SBI, TechM, and PowerGrid were among gainers.

In the broader markets, the BSE Midcap index shed 0.6 per cent and Smallcap index ended on a flat note.

Sectorally, the Nifty FMCG index fell the most (down 1 per cent), followed by the Nifty Pharma index (down 0.8 per cent), and the Nifty Financial Services index (down 0.6 per cent). On the upside, the Nifty PSU Bank index gained 0.8 per cent.

In the previous session on Monday, the S&P BSE Sensex gained ended 1,241 points higher at 71,942, while the NSE Nifty50 shut shop 385 points higher at 21,738.

In Asian markets, Tokyo settled in the positive territory, while Seoul, Shanghai, and Hong Kong ended lower. European markets were trading with gains. The US markets ended higher on Monday.

Global oil benchmark Brent crude climbed 0.21 per cent to $82.57 a barrel.

Foreign Institutional Investors (FIIs) bought equities worth Rs 110.01 crore on Monday, according to exchange data.

Meanwhile, the rupee appreciated 5 paise to 83.11 (provisional) against the US dollar on Tuesday, following a weak greenback against major currencies overseas amid a muted trend in domestic equities.

At the interbank foreign exchange market, the local unit opened at 83.14 against the greenback. Moving in a very tight range, the unit hit an intraday low of 83.15 and a high of 83.11 against the greenback.

The local unit finally settled at 83.11 against the dollar, higher by 5 paise (provisional) from its previous close. On Monday, the rupee depreciated 5 paise to 83.16 against the US dollar.