Mumbai: The Sensex retreated on Tuesday led by profit booking in the second half of trade, pulled down by banks, technology and metals stocks. Index heavyweights Reliance and BHEL too added pressure on the market. The Sensex was down 96.80 points, to close at 15,873.95 and the Nifty fell 28.50 points to 4,750.50.
Sudarshan Sukhani of s2analytics.com sees support for the Nifty at around 4690 till the expiry on Thursday.
Index heavyweights Reliance Industries, TCS, SBI and BHEL were down 1 per cent each; Infosys and ICICI Bank dropped 0.4 per cent each.
Shares Tata Motors, Tata Steel, Coal India, Cipla, NTPC, DLF and JP Associates were biggest losers, falling 2-2.7 per cent.
Among others, HUL and HDFC Bank declined 0.67 per cent each.
However, Tata Power and Bajaj Auto outperformed other largecaps, gaining 1-2 per cent. ITC, ONGC and L&T moved up just 0.3-0.5 per cent.
On the global front, Asian markets too closed lower; Shanghai fell to three-year low amid thin trade - ended down 1 per cent. Nikkei was down 0.5 per cent and Kospi lost 0.8 per cent.
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