Sensex slips 190 points as RIL tanks 6%

MUMBAI: BSE benchmark sensex slipped 190 points on Tuesday, dragged by a loss in index heavyweight Reliance Industries (RIL) amid weak cues from Asian peers as fears of a second wave of Covid-19 infections spooked global investors. After plunging over 716 points during the day’s session, the sensex pared some losses but still settled 0.6% lower at 31,371.
Similarly, the NSE Nifty declined 42.65 points, or 0.46%, to 9,196.55.RIL was the top loser in the sensex pack, plunging over 6%. Meanwhile, the rupee surged 24 paise to close at 75.50 against the US dollar.