India, the benchmark stock market index closed 142 points lower Tuesday on continued weakness in the stock market volatile on political tensions in the Middle East, oil prices spiked, which weighs on stock markets around the world.
The 30-bag sensitive index of Bombay Stock Exchange, which opened at 18,390.72 points closed at 18,296.16 points, down 142.15 points or 0.77 per cent of its previous close at 18,438.31 points.
Sensex Losses would have been much worse if it has an index heavyweight Reliance Industries rallying 2.98 percent of a notification message on Monday that the global energy major BP had to pick up 30 percent of the 23 oil and gas fields to treat Indian oil major.
50-scrip S & P CNX Nifty and the National Stock Exchange closed 0.9 percent lower than the 5,469.2 points.
Broader markets were in the red, with BSE MidCap Index up 0.85 percent and the index of the BSE small cap trading 0.73 percent lower.
Capital goods, auto and banking stocks closed in red. Only two of the index of 13 sectors - energy and sustainable scripts - ended in gains.
Extent of the market has been negative, and in 1125 the stock ahead of the 1713 scrips decline. A total of 101 titles have remained unchanged.
The winners of the 30 Sensex vouchers were: RIL, up 2.98 percent at Rs.985.05, Reliance Communications 1.49 percent at Rs.95.10, Sterlite Industries, up 1.42 percent to Rs.167.95 and Reliance Infra up 0.1 percent to Rs.621.90
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