Sensex snaps 5-day winning streak, slides 199 points dragged by IT stocks

After the recent rally to record highs, domestic benchmark equity indices snapped a 5-day winning streak and closed in the red in a volatile market on Tuesday, dragged by a pullback in high-weightage IT stocks and index-heavyweight Reliance Industries.

The 30-share BSE benchmark Sensex declined 199 points or 0.27% to settle at 73,129. The broader NSE Nifty dropped 65 points or 0.29% to end at 22,032.