Mumbai: Indian stock markets continued their downward slide on Tuesday, with the Sensex dropping 503.63 points to close at 85,138.27. The index fell nearly 589 points intraday, extending its losing streak to three sessions. This came just a day after the benchmark touched a record high during morning trade before profit booking pulled it down.

The Nifty also declined, losing 143.55 points to end at 26,032.20, weighed down by weakness in heavyweights across banking, capital goods, and energy sectors. Read Also Sensex, Nifty Staggers To Its Feet, Recovering Losses As Investors Continue To Book Profits After...

Banking Stocks and Reliance Lead Declines

Major Sensex laggards included Axis Bank, HDFC Bank, ICICI Bank, Reliance Industries, Bharat Electronics, and Larsen & Toubro. Persiste

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