Taking Stock: Bulls run out of charge! Sensex breaks below 34,000; telecom, banks drag

Indian market witnessed profit-taking as investors preferred to book profits at higher levels on Tuesday. The S&P BSE Sensex fell more than 800 points from the high of 34,811 while the Nifty50 broke below 10,200-10,100 levels.

Let’s look at the final tally on D-Street – the S&P BSE Sensex was down 413 points to 33,956 while the Nifty50 fell 120 points to close at 10,046.