Sensex closes 176 points down, Nifty settles below 10,200

Bombay Stock Exchange , BSE, 9622.80 points, Goods and Services Tax, GST,

The Sensex closed 176.27 points down at 33,891.13, on Tuesday while the Nifty 50 ended 52.45 points lower at 10,198.40. Mixed corporate earnings and oil companies earning dragged the indices.

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After September quarter earnings of BPCL the stock fell over 4%. Shares of Reliance Industries and HPCL also fell between 2% – 4%. However, gains in shares of IT companies and PSU banks limited losses.

The rupee traded marginally lower against the US dollar.

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