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Markets@Moneycontrol: Indices snap three-day rally, global cues in play

Correction in global stocks amid political turmoil in Italy and Spain, and sharp fall in the rupee dented investor sentiment

May 29, 2018 / 17:15 IST

Moneycontrol News 

Bears were back in power at Dalal Street as benchmark indices snapped three-day winning streak on Tuesday with the Sensex losing more than 200 points, dragged by banking & financials stocks.

Correction in global stocks amid political turmoil in Italy and Spain, and sharp fall in the rupee dented investor sentiment.

The 30-share BSE Sensex has broken 35,000 levels, falling 216.24 points to 34,949.24 while the 50-share NSE Nifty failed to hold 10,700 levels hit during the day, shedding 55.40 points to close at 10,633.30.

For more, watch the Markets@Moneycontrol show as Moneycontrol correspondent Uttaresh Venkateshwaran talks to Anchal Pathak about what moved the markets today.
Moneycontrol News
first published: May 29, 2018 05:04 pm

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