Sensex logs 1st loss in 4 days; banks play spoilsport

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Indian equities took a breather on Tuesday after three sessions of winning run, with the benchmark Sensex dropping over 216 points after participants queued up to book profits in banking counters, among others, amid weak global cues and foreign fund outflows.

With investors locking in gains towards the middle of the session, the 30-share Sensex ended at 34,949.24, down 0.61 per cent. The BSE gauge touched a low of 34,922.18 in intra-day.

The Sensex had risen 820.57 points in the previous three sessions.

Earlier on Tuesday, the benchmark BSE index opened strongly at 35,213.14 and advanced to hit a high of 35,234.14 on intense buying by domestic institutional investors and retail participants.

likewise, the 50-stock NSE Nifty finished 55.35 points, or 0.52%, lower at 10,633.30 after hitting the day's high of 10,717.25 and a low of 10,616.10.

Daily Pioneer
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