After four days of rallying, shares fell in early trading on negative global market trends

Tuesday’s early trading saw a fall in benchmark equity indexes after four days of gains due to negative global market trends and outflows of foreign funds.

Profit-taking caused the 30-share BSE Sensex to drop 297.97 points to 73,574.32 after a record-breaking rise. The Nifty fell to 22,319.55—a loss of 86.05 points.

HCL Technologies, Tata Consultancy Services, ICICI Bank, Infosys, Axis Bank, and Reliance Industries were the top losers among the Sensex companies.

Among the winners were NTPC, Tata Motors, State Bank of India, and Mahindra & Mahindra.

Shanghai was quoted in the green but Seoul, Tokyo, and Hong Kong were trading down in Asian markets.

On Monday, the US markets closed lower than when they started.

The benchmark for world oil, Brent crude, fell 0.18 percent to USD 82.64 a barrel.

According to exchange statistics, foreign institutional investors (FIIs) offloaded stocks on Monday worth Rs 564.06 crore.

Monday saw the BSE benchmark continue its upward trend for a fourth session in a row, rising 66.14 points or 0.09 percent to close at an all-time high of 73,872.29 points.

The Nifty closed at a historic high of 22,405.60, up 27.20 points, or 0.12%.