Ahead of the US Federal Reserve policy decision due on Wednesday, Indian equity indices closed in the deep red on Tuesday, dragged by Bajaj twins and profit-booking in index heavyweights Reliance Industries and HDFC Bank after a surge in the previous session
The 30-share BSE benchmark Sensex plunged 802 points or 1.11% to settle at 71,140. The broader NSE Nifty declined 215 points or 0.99% to end at 21,522.
Meanwhile, the market capitalisation of all listed companies on BSE declined by Rs 1.84 lakh crore to Rs 375.36 lakh crore.
The highest weighted of the 13 major sectors — financial services — dropped 0.63%. Meanwhile, Nifty FMCG, IT, healthcare, consumer durables, and oil & gas also declined.
