It was a day out in the red for stocks on the Indian Trading today with investors indulging in heavy selling right through the session following a weak lead from global markets. Amid fresh doubts about euro zone economic recovery, Asian and European markets went sliding down sharply on Tuesday, rendering the mood quite bearish at the Indian turf as well.
A somewhat disappointing earnings report from technology major Tata Consultancy Services too contributed to the decline.
Information technology, realty, capital goods, metal and automobile stocks mostly ended with sharp losses. Bank, consumer durables and oil stocks too declined sharply. Power, FMCG and healthcare stocks fared relatively better with a select few from these sectors finding modest support at lower levels.
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