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Mumbai - India's benchmark Bombay Stock Exchange (BSE) Sensex tanked for the second day in a row, slipping 0.74 percent or 115.45 points on Tuesday as a retreat by European peers hit investor confidence and sparked profit-taking on a recent rally.
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The 30-share prime index opened higher at 15,691.27 and surge to the day's high of 15,923.09 during noon trade before being hit by a heavy bout of profit taking, which saw the benchmark plunge to the day's low of 15,475.28 before it finally settled at 15,551.19.
Twenty-three components logged losses on Tuesday with cement maker ACC leading the pack with a plunge of 3.62 percent. Rival Grasim industries sank 1.37 percent.
Aluminium producers Sterlite Industries and Hindalco industries tumbled 2.88 percent and 1.94 percent respectively.
Financial majors HDFC, HDFC Bank and ICICI Bank slipped 2.49 percent, 1.59 percent and 0.64 percent respectively.
Oil & Gas majors ONGC and Reliance Industries declined 1.98 percent and 1.10 percent respectively.
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