Mumbai. Sensex and Nifty fell in early trade on Tuesday amid renewed tensions in the Strait of Hormuz region. The rupee also hit an all-time low of 95.40 against the US dollar in early trade, which also affected investor sentiment. BSE Sensex fell 361.62 points to 76,907.78 in early trade while NSE Nifty slipped 134.90 points to 23,980.60.
Among the 30 companies included in the Sensex, shares of Larsen & Toubro, Bajaj Finance, Bajaj Finserv, ICICI Bank, Sun Pharma and Maruti were the biggest losers. On the other hand, shares of Bharti Airtel, Reliance Industries, Titan and Bharat Electronics registered a rise. In Asian markets, Hong Kong’s Hang Seng remained in decline.
At the same time, American markets also closed with a decline on Monday. The price of international standard Brent crude fell by 1.07 percent to $ 113.22 per barrel. According to stock market data, foreign institutional investors (FIIs) were buyers on Monday and bought shares worth Rs 2,835.62 crore.
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