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Sensex, Nifty extend losses dragged by HDFC twins, Infosys

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 halted their record run and traded lower on Tuesday ahead of the Reserve Bank of India’s monetary policy decision tomorrow.

Sensex slipped from life highs to fall over 100 points to 37,381.05 today as markets took a breather after six consecutive record-setting sessions.

Weak trends in other Asian markets, muted earnings and fresh foreign capital outflows weighed on investor sentiment here.

Overall market mood was cautious as investors were on a wait-and-watch mode ahead of RBI policy outcome, scheduled tomorrow, and profit-booking at record level, brokers said.

The 30-share Sensex, after rising to 37,534.95 points in early trade, turned negative and retreated from record high by losing 113.55, or 0.30 per cent, to 37,381.05.


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