Sensex closes 57 points down, Nifty settles at 8,132; DB Realty surges 10% -- 13 Oct 2015

                             Domestic equity markets closed in red on Tuesday following weak global cues. The BSE Sensex closed 57.58 points down at 26,846. NSE Nifty closed 11.90 points down at 8,131.70.

                           

In the 50-share index, UltraTech Cements, Bajaj Auto, Coal India, BPCL and YES Bank gained between 1.35 per cent and 1.95 per cent. On the other hand, Idea Cellular, ONGC, Hindalco, Vedanta and HCL Technologies slid between 2.80 per cent and 3.85 per cent.

Software stocks remained under pressure after Infosystrimmed its US dollar revenue growth guidance, clouding the outlook for the sector. The BSE IT index slid more than 1 per cent at 11,164.50.

Infosys, India’s second-largest software services exporter by revenue, on Monday cut its fiscal year 2016 revenue forecast, saying broad weakness in IT spending and a stronger dollar were making clients wary.

Oil explorers such as Oil and Natural Gas Corp also fell after US and Brent crude tumbled in the previous session to post their biggest daily percentage declines since the start of September.

In the earnings front, Hindustan Unilever, Hinduja Ventures and Zee Entertainment may announce their earnings on Wednesday.

Hang Seng and Nikkei closed 0.57 per cent and 1.11 per cent down at 22,600 and 18,235.

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