Dalal Street indices fall for 2nd day

Mumbai: Indian shares declined for the second consecutive session on Tuesday, bucking the trend in global markets that got a boost following better-than-expected Chinese GDP data and US corporate earnings.

The Sensex ended at 59,727, down 183.74 points, or 0.31%, from Monday’s close. The Nifty fell 46.70 points, or 0.26%, to end at 17,660. However, broader markets outperformed frontline stocks for the second day in a row, with mid- and small-cap indices ending up 0.5% and 0.2%, respectively.

On Tuesday, foreign portfolio investors (FPIs) were net sellers for the second day in a row. Overseas funds sold shares in the cash segment worth ₹810 crore while domestic institutions were net buyers to the tune of ₹401 crore, according to exchange data.

Healthcare and property indices were top sectoral gainers, while financials, energy, utilities, consumer staples ended in the red.

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