Sensex drops 308 pts ahead of RBI policy decision; RIL, HDFC Bank major drags
Mumbai, Aug 5 (PTI) Benchmark stock indices Sensex and Nifty closed lower on Tuesday following selling in oil & gas and banking shares ahead of the Reserve Bank’s monetary policy announcement on August 6. The 30-share BSE Sensex fell by 308.47 points or 0.38 per cent to close at 80,710.25. During the day, it declined 464.32 points or 0.57 per cent to hit an intraday low of 80,554.40. The broader NSE Nifty fell 73.20 points or 0.30 per cent to close at 24,649.55. In the intraday session, it slipped by 132.45 points or 0.53 per cent to 24,590.30. Among Sensex