Market, rupee fall as India-Pak tensions flare, Sensex sheds 200 points

UK terror attack, reports against Trump on collusion with Russia also weigh on investor sentiment

Domestic stocks and rupee weakened on Tuesday after investors turned cautious following flaring up of tensions with Pakistan. The suspected terrorist attack in the UK and reports against the Trump administration on collusion with Russia also weighed on investor sentiment.

The benchmark Sensex lost 205 points, or 0.67 per cent to close at 30,365, while the Nifty closed at 9,386, down 52 points or 0.55 per cent. The broader market saw a steeper correction with the BSE Midcap index dropping 1.6 per cent. The rupee fell 0.53 per cent to close at 64.89 against the dollar.

The Indian army, during the trading