BSE Sensex and NSE’s Nifty traded higher on Tuesday. Photo: Mint
- Mumbai: Benchmark indices BSE Sensex and NSE’s Nifty 50 declined for a second day on Tuesday, tracking losses in global equity markets. Sell-off in global equities continued as an escalating trade fight between US and other major economies steered investors away from riskier assets. Oil prices moved higher on uncertainty over Libyan oil exports, but Opec’s plan to raise output continued to drag. The Indian rupee weakened against the US dollar on Tuesday amid global policy uncertainties. Here are the latest updates from the markets: