Markets are approaching a two-session high; HFDC Twins Slip On Profit Reservation

Stock indices took a hit on Tuesday after two days of sharp moves as investors booked gains in banking and financial shares after their recent rally. The HDFC twins, who topped the chart of winners in the previous session after announcing their massive merger, were the biggest hitters on Tuesday.

Traders said investor focus was also back on the attack by Russia and Ukraine and higher oil prices, which hampered global markets.

The 30-share BSE Sensex index fell 435.24 points, or 0.72 percent, to close at 60176.5 points.

The NSE Nifty fell 96 points, or 0.53 percent, to 17957.4.

(The title and image for this report may have been reformulated only by the Business Standard staff; the rest of the content is automatically generated from a shared feed.)

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