Sensex snaps 5-session losing streak – The Times of India-OxBig News Network

MUMBAI: Benchmark BSE sensex recovered 148 points in a range-bound trade on Tuesday, ending its five-day slide on the back of buying in financial and FMCG shares. Sensex climbed 148 points to settle at 74,602 with 17 of its constituents ending higher and 13 with losses. During the day, it rallied 331 points to 74,785.
The broader Nifty of NSE fell for the sixth day, slipping by 6 points to finish at 22,548 due to fag-end selling in pharma, metal and IT shares. Weak Asian and US markets along with foreign fund outflows made investors risk-averse, analysts said. The BSE midcap gauge declined 0.6% and smallcap index dipped 0.5%.