Key benchmark indices fell on Tuesday, retreating from a record high hit earlier in the session as financial firms slumped on worries parliament would delay an insurance bill, while new rules for offshore derivatives raised worries over foreign flows. ITC Ltd provisionally slumped 5 percent, contributing the most to the index's fall after the health ministry accepted the recommendation of an internal panel to ban the sale of single cigarettes. The benchmark Sensex provisionally closed 0.57 percent lower, while the broader Nifty lost 0.79 percent, marking their biggest single-day fall since October 16.
The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 14 advances to 36 declines.
The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 14 advances to 36 declines.
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