Sensex, Nifty fail to hold opening gains, IT stocks drag; check what led to last hour fall on D-St

Bharti Airtel

Headline indices BSE Sensex and Nifty 50 settled lower in Tuesday’s volatile trade after shedding all their morning gains despite positive global cues. Sensex dropped 477 points from the day’s high of 31,086, to end 63 points lower at 30,609. While the broader Nifty 50 index finished at 9,029, after hitting day’s high of 9,162. IT stocks remained under pressure with Nifty IT declining nearly 2 per cent,