Sensex, Nifty tank 1 per cent amid slump in TCS, foreign fund outflows

Benchmark equity indices Sensex and Nifty tumbled 1 per cent each on Tuesday dragged down by a heavy sell-off in TCS, Infosys and Reliance Industries amid weak Asian markets and fresh foreign fund outflows.

The 30-share BSE Sensex tanked 736.37 points or 1.01 per cent to settle at 72,012.05 after opening on a weak note. During the day, it dropped 815.07 points or 1.12 per cent to 71,933.35.