Markets Tumble Over 1% Amid Global Cues, Profit Booking

Equity benchmarks fell over 1% on Tuesday, snapping a two-day rally as weak Asian cues, profit booking, and selling in IT and financial stocks triggered broad declines. Sensex dropped 820 points and Nifty fell 239 points. Volatility surged amid monthly expiry, geopolitical tensions, Covid concerns, and anticipation of key domestic data.