India's benchmark indices declined on Tuesday, along with most of their global peers, as investors assessed the hawkish comments from US Federal Reserve officials.
The Sensex plunged as much as 809 points during the day but partially recovered in the last 30 minutes of trading to settle at 60,115, with a decline of 632 points, or 1.04 per cent. The Nifty50, on the other hand, dropped 187 points, or 1.03 per cent, to end the session at 17,914.
Foreign portfolio investors net sold Indian equities worth ₹2,109 crore, while domestic institutional investors lent support to the market and bought shares worth ₹1,806 crore, according to provisional data from the exchanges.
This story is from the January 11, 2023 edition of Business Standard.
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This story is from the January 11, 2023 edition of Business Standard.
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