The Nifty fell for a second consecutive session on Tuesday as investors continued to book profits in recent outperformers such as SBI, Tatamotors while they wait for actual policies from Prime Minister Narendra Modi and his new cabinet. The benchmark BSE Sensex provisionally closed 0.68 percent lower at 24,549.51 points, while the broader Nifty provisionally ended 0.56 percent down at 7,318 points.
The market breadth, indicating the overall health of the market was negative, in Nifty50 stocks the advances to declines stands at 20 advances to 30 declines.
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