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Indian benchmark indices close lower on Tuesday

Indian benchmark indices close lower on Tuesday

India Blooms News Service | | 29 Aug 2017, 06:08 pm
Mumbai, Aug 29 (IBNS): Not only the city of Mumbai which seems to be reeling under heavy rains on Tuesday but the exchanges too appear to be weighed down by geopolitical tensions.

The BSE Sensex was down 362.43 points at 31,388.39 and NSE Nifty down 116.75 points  at 9,796.05.

North Korea's fresh missile testing over Japan has worsened North Korea's relationship with the US, which shook the world markets and India was no exception, according to media reports.

Intraday, equity benchmarks saw their gains accumulated over the previous four consecutive sessions almost wiped out, media reported.

Top gainers on Tuesday included M&M, Tech Mahindra, Zee Entertainment and Wipro, while NTPC, Bank of Baroda, Hindalco, Sun Pharma, HDFC, Reliance, Idea Celllar, Tata Power and Coal India declined.

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