Sensex, Nifty tumble over 1 pc on geopolitical worries
Mumbai, Jan 20 (PTI) Stock market benchmark indices Sensex and Nifty tanked over 1 per cent on Tuesday due to heavy selling pressure in market heavyweights Reliance, Bajaj Finance and M&M amid escalating geopolitical tensions. Besides, ongoing weakness in the rupee and persistent foreign fund outflows dented investors’ sentiment. Extending its previous day’s decline, the 30-share BSE Sensex tumbled 1,065.71 points, or 1.28 per cent, to settle at 82,180.47. During the day, it dropped 1,235.6 points, or 1.48 per cent, to 82,010.58. The 50-share NSE Nifty tanked 353 points, or 1.38 per cent, to end at 25,232.50. From the 30-Sensex