MacroCommodity
·IN
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Indian shares ended lower on Tuesday as Brent crude futures topped $90 a barrel amid fading hopes for a deal between Washington and Tehran to reopen the Strait of Hormuz. The 30-share BSE Sensex dropped 388.19 points, or 0.49 percent, to 78,154.25, while the NSE Nifty index fell 112.10 points, or 0.46 percent, to 24,471.70. Selling was broad-based, with Hindustan Unilever, Tata Steel, Mahindra & Mahindra, ITC, Power Grid Corp, Bajaj Finance, Bharti Airtel, Indigo, Axis Bank and UltraTech Cement falling 1-3 percent. IT stocks extended gains for a third day, with TCS, HCL Technologies and Infosys all rising around half a percent.

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