The Sen Times

Stock markets fall for 2nd day amid rising oil prices, West Asia crisis; Sensex tanks 555 points

Mumbai, Sep 8 (PTI) Stock market benchmark indices Sensex and Nifty ended lower on Tuesday, registering their second day of decline, as rising crude oil prices and the US-Iran hostilities kept risk appetite subdued. Selling in blue-chip stocks ICICI Bank, HDFC Bank and Reliance Industries also dragged the markets lower. The 30-share BSE Sensex dropped 555.23 points, or 0.73 per cent, to settle at 75,577.58. During the day, it tanked 579.46 points, or 0.76 per cent, to 75,553.35. The 50-share NSE Nifty declined 144.05 points, or 0.61 per cent, to end at 23,635.10. Among the 30 Sensex firms, ICICI Bank,