<p>Equity benchmark Sensex tanked 300 points on Tuesday, tracking losses in index-heavyweights Reliance Industries, HDFC twins and Maruti amid weak cues from Asian peers.</p>.<p>The 30-share BSE index settled 300.06 points or 0.79 per cent down at 37,734.08. The broader NSE Nifty fell 96.90 points or 0.86 per cent to 11,153.65.</p>.<p>Maruti was the top loser in the Sensex pack, shedding around 3 per cent, followed by L&T, IndusInd Bank, Axis Bank, ONGC, Reliance Industries, Asian Paints and HDFC.</p>.<p>On the other hand, HCL Tech, TCS, Sun Pharma and Tech Mahindra were among the gainers.</p>.<p>Indian market was subdued following continued selling in other major markets across the globe due to fresh worries over another round of restrictions due to increase in COVID-19 cases, which could harm the already sluggish economic recovery, said Narendra Solanki, Head- Equity Research (Fundamental), Anand Rathi.</p>.<p>During the afternoon session market briefly tried to recover, but failed to sustain as fresh selling across the broader markets returned, he added.</p>.<p>Bourses in Shanghai, Hong Kong and Seoul ended with losses, while stock exchanges in Europe opened on a positive note.</p>.<p>Meanwhile, global oil benchmark Brent crude was trading 1.30 per cent higher at USD 41.98 per barrel.</p>.<p>In the forex market, the rupee depreciated 20 paise to close at 73.58 against the US dollar.</p>
<p>Equity benchmark Sensex tanked 300 points on Tuesday, tracking losses in index-heavyweights Reliance Industries, HDFC twins and Maruti amid weak cues from Asian peers.</p>.<p>The 30-share BSE index settled 300.06 points or 0.79 per cent down at 37,734.08. The broader NSE Nifty fell 96.90 points or 0.86 per cent to 11,153.65.</p>.<p>Maruti was the top loser in the Sensex pack, shedding around 3 per cent, followed by L&T, IndusInd Bank, Axis Bank, ONGC, Reliance Industries, Asian Paints and HDFC.</p>.<p>On the other hand, HCL Tech, TCS, Sun Pharma and Tech Mahindra were among the gainers.</p>.<p>Indian market was subdued following continued selling in other major markets across the globe due to fresh worries over another round of restrictions due to increase in COVID-19 cases, which could harm the already sluggish economic recovery, said Narendra Solanki, Head- Equity Research (Fundamental), Anand Rathi.</p>.<p>During the afternoon session market briefly tried to recover, but failed to sustain as fresh selling across the broader markets returned, he added.</p>.<p>Bourses in Shanghai, Hong Kong and Seoul ended with losses, while stock exchanges in Europe opened on a positive note.</p>.<p>Meanwhile, global oil benchmark Brent crude was trading 1.30 per cent higher at USD 41.98 per barrel.</p>.<p>In the forex market, the rupee depreciated 20 paise to close at 73.58 against the US dollar.</p>