Market at close | Sensex falls 362 points, midcaps outperforming frontliners [Video]

.The benchmark equity indices Sensex and Nifty declined on Tuesday (March 26) due to losses in index major Reliance Industries and HDFC Bank amid sustained foreign fund outflows and mixed global trends.

The 30-share BSE Sensex declined by 361.64 points or 0.50% to settle at 72,470.30. During the day, it fell by 468.91 points or 0.64% to 72,363.03. The NSE Nifty declined 92.05 points or 0.42% to 22,004.70.

The Nifty Bank, in particular, remained under pressure due to the fall in heavyweights like HDFC Bank and Kotak Mahindra Bank. The Nifty Bank fell by 264 points to 46,600. Contrarily, the Midcap Index saw a robust rise, gaining 495 points to reach 47,808.

From the Sensex basket, PowerGrid, Bharti Airtel, Wipro, HDFC Bank, Kotak Mahindra Bank, UltraTech Cement, Asian Paints, Infosys and Reliance Industries were the major laggards. Bajaj Finance, NTPC, Larsen & Toubro, Axis Bank, Tata Motors, IndusInd Bank and …