MARKET LIVE: Sensex sheds 400 pts, Nifty below 16,600; IT pack worst hit

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Stock market live updates:

The Sensex and Nifty began Tuesday’s session on a adverse be aware amid a steep rise in oil costs. The BSE Sensex fell 400 factors to 55,525, whereas the NSE Nifty shed 100 factors to 16,560.

Among the Sensex-30 shares, Sun Pharma, HDFC, Infosys, HCL Tech, Titan, Kotak Bank, Wipro, TCS and Tech M had been the highest laggards, falling 1-2 per cent. PowerGrid, M&M, Tata Steel and NTPC, in the meantime, had been the one gainers.

In the broader markets, the BSE MidCap and SmallCap indices opened flat.