Stock Market Opens with Losses

Domestic stock markets opened on a negative note during Tuesday’s morning trade, weighed down by weak cues from global markets and continued selling by foreign investors. The benchmark BSE Sensex declined by over 209 points to trade around 84,486, while the NSE Nifty slipped more than 63 points to hover near the 25,879 mark.

Selling pressure was particularly evident in IT, banking and realty stocks. Volatility in the US markets coupled with ongoing geopolitical tensions has dampened investor sentiment. The Sensex slipping below the crucial 84,500 level in early trade has raised concerns among market participants. The market’s further direction will be closely watched as the session progresses.