RIL drags sensex down a day after rally, index dives 802 points

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Key Points

failed on the solid gains of Monday as heavy selling by foreign funds pulled the sensex down by 802 points, or 1.1% on Tuesday to close at 71,140..

Reliance Industries - which had gained nearly 7% in the previous session - along with. contributed the most to the. 's loss for the day, data on BSE showed...

The day's slide came despite some positive cues on the global front, market players said.. Foreign funds were net sellers at Rs 1,971 crore on Tuesday while domestic funds were net buyers at Rs 1,003 crore, end-of-the-session data on BSE showed..

The day's slide also left investors poorer by Rs 1.8 lakh crore, with BSE's market capitalisation now at Rs 381.3 lakh crore...

Better than expected economic growth data from Europe, earnings of mega-cap companies globally and unexpected reduction in the quarterly borrowing estimate by the US Treasury department kept global markets upbeat..

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