Raja Venkatraman recommends two stocks for 16 September
Stock market recap, Sept. 16 -- Benchmark Sensex tumbled 778 points and the broader Nifty fell to a five-month low on Tuesday, as surging oil prices, geopolitical tensions and weak global markets weighed on investor sentiment.
The 30-share Sensex fell 777.94 points, or 1.04%, to close at 74,003.82, its lowest level in three months, dragged by losses in blue-chip banking, auto and oil & gas stocks. The 50-share NSE Nifty fell 279.50 points, or 1.19%, to settle at 23,118.60, its lowest close since 6 April.
Among the 30 Sensex stocks, Bharat Electronics tumbled 6%. InterGlobe Aviation, Titan, Bajaj Finserv, Adani Ports, Mahindra & Mahindra and State Bank of India were also among the laggards.
Brent crude, the global oil benchmark, jumped ...
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