On Tuesday, the second trading day of the week, the stock market ended on a negative note. Following this, the BSE Sensex lost 104 points. The national stock market index Nifty settled down 35.15 points at 18,385.30. In Asia, bourses in Seoul, Tokyo, Shanghai and Hong Kong closed lower. The impact was initially echoed in the domestic market as US markets ended weak. European stock markets were also weak in the afternoon. In this case, the heavy loss incurred in the morning was recovered during the afternoon trade. Stock brokerages said the market recovered somewhat as market leader Reliance and IT major TCS rose sharply. Sensex declines: The Sensex, which opened the morning at 61,608.85, down 197.34 points, ended at 61,102.68. Later, the Sensex, which had touched a high of 61,780.37, eventually fell 103.90 points (0.17 per cent) to end at 61,702.29. On the Sensex list, 21 stocks were on the low list and 9 stocks were on the high list. TCS advances: Leading the gainers were IT major TCS, which had suffered a steep decline the previous day, up 1.29 percent, and Reliance, up 0.81 percent. Next to these, Ultra Tech Cement, Indus Ind Bank, Axis Bank, ICICI Bank, Sunpharma, Nestlé Asian Paints and others came in the list of expensive ones. Decline of Tata Motors: Meanwhile, auto major Tata Motors led the decliners with a decline of 1.75 percent and Hindustan Uni Lever 1.60 percent. Also, Bharti Airtel, M&M, NTBC, Maruti Suzuki, L&T among others declined between 1 and 1.50 percent. Also, HDFC Bank, HDFC, Kotak Bank, Infosys, Wipro, Tech Mahindra, Tata Steel among others also made it to the list of low cost. Market cap decline: The market capitalization of the Mumbai Stock Exchange fell by Rs 50,000 crore to close at Rs 287.40 lakh crore. Foreign institutional investors (FIIs) sold shares to the tune of Rs 538.10 crore on Monday, market data showed.
