The benchmark BSE Sensex continued its slide for a third straight session, as it fell by 160 points in early trade on sustained capital outflows by foreign funds and selling by retail investors.The 30-share Sensex plunged by 159.77 points to trade below 24,000 mark at 23,861.21 in early trade.Stocks of bank, healthcare, metal, oil and gas and realty were trading in the negative zone with losses up to 1.11 per cent.The gauge had lost 595.99 points in the previous two sessions.On similar lines, the NSE Nifty fell by 41.90 points to 7,256.30.

Major losers that dragged down the indices were Tata Motors, ICICI Bank, Dr Reddy’s, Adani ports, ONGC, GAIL, Sun Pharma, Lupin, M&M and SBI.In the Asian region, Japan’s Nikkei lost 2.40 per cent in early trade, while China’s Shanghai Composite index and Hong Kong’s Hang Seng remained closed for a public holiday.The Dow Jones industrial average ended 0.08 per cent lower on Tuesday.

Source:thehindu.com

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