Mumbai Stock Exchange Drops 260 Points

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India: Equity benchmark Sensex surrendered all its early gains to end 262 points lower on Tuesday due to emergence of a sudden sell-off in financial stocks at the fag-end of the session.

Slumping over 810 points from the day’s high, the 30-share BSE index settled 261.84 points or 0.83 per cent lower at 31,453.51, and the NSE Nifty fell 87.90 points or 0.95 per cent to close at 9,205.60.

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