Falling rupee, FII outflows drag Sensex 533.50 pts down

Benchmark Sensex tumbled 533.50 points and the broader Nifty declined to the 25,860 level Tuesday as persistent foreign fund outflows, a weak rupee and sluggish global market trends dented investor sentiment.

- PRESS TRUST OF INDIA

The 30-share BSE Sensex tanked 533.50 points or 0.63 per cent to settle at 84,679.86. During the day, it dived 592.75 points or 0.69 per cent to 84,620.61.

The 50-share NSE Nifty dropped 167.20 points or 0.64 per cent to a week's low of 25,860.10.

Among Sensex firms, Axis Bank tanked the most by 5.03 per cent. Eternal, HCL Tech, Bajaj Finserv, Tata Steel, UltraTech Cement and Bajaj Finance were also among the laggards.

However, Titan, Bharti Airtel, Mahindra & Mahindra and Asian Paints were among the gainers.