Sensex, Nifty end 1 pc lower tracking trends in US and European markets

Sensex, Nifty end 1 pc lower tracking trends in US and European markets

Equity benchmarks Sensex and Nifty ended 1 per cent lower on Tuesday, dragged down by Reliance Industries and banking stocks along with a weak trend in European markets.

Unabated foreign fund outflows also negatively impacted the domestic equity market.

The 30-share BSE Sensex tanked 631.83 points or 1.04 per cent to settle at 60,115.48. During the day, it tumbled 808.93 points or 1.33 per cent to 59,938.38.