Sensex Slides 508 Points as Profit Booking Dampens Market Sentiment
The Indian benchmark index, the BSE Sensex, tumbled 508 points on Tuesday as investors engaged in aggressive profit booking, effectively neutralizing the gains from a robust gap-up opening. Market participants in Mumbai witnessed a sharp reversal in trend during the mid-session trade, driven primarily by heavy selling pressure in the FMCG and PSU banking sectors….