The BSE Sensex on Tuesday plummeted 642 points as investors weighed India’s fiscal worries because of soaring crude prices in the wake of growing geopolitical tensions in the Middle East.
After nosediving 704 points, the 30-share index ended 642.22 points, or 1.73 per cent, lower at 36,481.09. The broader NSE Nifty too settled 185.90 points, or 1.69 per cent, down at 10,817.60.
On the Sensex chart, losses were mainly driven by Hero MotoCorp, Tata Motors, Axis Bank, Tata Steel, Maruti and SBI – falling as much as 6.19 per cent.
Of the 30 scrips of the BSE gauge, Hindustan Unilever, Asian Paints and Infosys were the three gainers.