INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Avanti Feeds (down 7.13 per cent), DCM Shriram (down 6.36 per cent), Firstsource Solutions (down 5.99 per cent),
Motilal Oswal Financial Services (down 5.80 per cent) and KRBL (down 5.63 per cent) plunged over 5 per cent on NSE on Tuesday.
Stocks such
as TeamLease Services (down 4.98 per cent), SAIL (down 4.77 per cent), ITI (down 4.72 per cent) and Rain Industries (down 4.61 per cent)
tanked up to 5 per cent.
Weighed down by sustained selling in most sectors, led by IT, metal, oil gas and auto, equity benchmarks Sensex
and Nifty extended their losses for the second consecutive session on Tuesday.
Investors were on a selling spree, taking cues from the
weakness in global stocks amid escalating trade spat between the US and China.
The Sensex index lost 262 points, or 0.74 per cent, ending
the day at 35,287, with only 4 stocks in the green and 27 in the red.
The Nifty index tanked 89 points, or 0.83 per cent, settling at
10,710, with 8 stocks advancing and 42 declining.
All sectors closed the day in the red on NSE
Nifty Realty, falling 2.01 per cent, emerged as the top loser among the sectoral indices.
Vedanta, Indian Oil Corporation and HPCL finished
Tuesday's session as the top Nifty losers, each falling over 3 per cent.
