Sensex falls 184 points; Nifty ends at 12,022
TIMESOFINDIA.COM | Updated: Jun 4, 2019, 16:00 ISTHighlights
- The benchmark BSE sensex plunged 184.08 points or 0.46 per cent to close at 40,083.54
- The broader NSE Nifty fell 66.90 points or 0.55 per cent lower to settle at 12,021.65

NEW DELHI: Equity indices declined on Tuesday with the benchmark BSE sensex falling over 150 points as investors await RBI's monetary policy decision and weak global cues.
The benchmark BSE sensex plunged 184.08 points or 0.46 per cent to close at 40,083.54, while the broader NSE Nifty fell 66.90 points or 0.55 per cent lower to settle at 12,021.65.
Major laggards on the 30-share BSE platform include Hero MotorCorp, HCL Tech, TCS, Asian Paints, Infy, Bajaj Auto, IndusInd Bank, ONGC and Sun Pharma wih their shares sliding as much as 2.90 per cent.
On the other hand, Yes Bank, NTPC, Axis Bank, Coal India, Vedanta, LT, Bajaj Finance and Bharti Airtel were among the top gainers, rising up to 2.28 per cent.
Except for Nifty Metal and PSU Bank, all other sub-indices on the NSE index finished in red, sliding as much as 1.56 per cent.
"Till the RBI policy and the budget is out, markets will be hoping for a lot of reforms," Deepak Jasani, analyst at HDFC Securities told news agency Reuters.
"To what extent those hopes are fulfilled, we don’t know... the index will be mildly bullish till these two events are done," he added.
India will announce its full-year budget for the year ending March 2020 on July 5 -- an event expected to provide a glimpse into the newly-formed government’s plans for the economy.
According to traders, investors also took cues from global markets, which are weak on account of renewed global trade tensions.
Markets will remain closed on Wednesday on account of Eid.
(With agency inputs)
The benchmark BSE sensex plunged 184.08 points or 0.46 per cent to close at 40,083.54, while the broader NSE Nifty fell 66.90 points or 0.55 per cent lower to settle at 12,021.65.
Major laggards on the 30-share BSE platform include Hero MotorCorp, HCL Tech, TCS, Asian Paints, Infy, Bajaj Auto, IndusInd Bank, ONGC and Sun Pharma wih their shares sliding as much as 2.90 per cent.
On the other hand, Yes Bank, NTPC, Axis Bank, Coal India, Vedanta, LT, Bajaj Finance and Bharti Airtel were among the top gainers, rising up to 2.28 per cent.
Except for Nifty Metal and PSU Bank, all other sub-indices on the NSE index finished in red, sliding as much as 1.56 per cent.
"Till the RBI policy and the budget is out, markets will be hoping for a lot of reforms," Deepak Jasani, analyst at HDFC Securities told news agency Reuters.
"To what extent those hopes are fulfilled, we don’t know... the index will be mildly bullish till these two events are done," he added.
India will announce its full-year budget for the year ending March 2020 on July 5 -- an event expected to provide a glimpse into the newly-formed government’s plans for the economy.
According to traders, investors also took cues from global markets, which are weak on account of renewed global trade tensions.
Markets will remain closed on Wednesday on account of Eid.
(With agency inputs)
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