A terrible Tuesday for the markets. The S&P BSE Sensex crashed 1,053.10 points lower, down 1.47% to settle at 70,370.55 while the NSE Nifty 50 lost 333 points, down 1.54% to settle at 21,238.80 points.. The Nifty Bank lost 1,493.20 points or 3.11% to settle at 46,569.60 points.

On the sectoral front, media and ralty stocks were among the top losers. The broader indices too ended in the red, with midcap and smallcap stocks deep in the red.

The laggards include IndusInd Bank, Coal India, ONGC, Adani Ports, and SBI Life Insurance. The Indian Volatility Index (India VIX) closed 7.61% higher.

Banks clock stable Q1 results: Private banks fare better than PSUs Modi Government directs UPSC to cancel lateral entry job ads Markets flat! Nifty end…