Sensex drops 118 points, Nifty falls by 45 points
The benchmark indices on Tuesday posted losses as the BSE Sensex dropped 118.82 points to close at 27,976.52, while the NSE Nifty fell by 45 points to settle at 8,590.65. Markets were dragged down by disappointing quarterly numbers, analysts said. Axis Bank was the major gainer, while Dr Reddy’s Laboratories ended as the major loser.