Mumbai (Maharashtra) [India], November 16 (ANI): Indian equity market closed in red on Tuesday as the energy, oil and gas, and banking sector shares plummeted.

At the closing bell, the BSE S&P Sensex was down by 396.34 points or 0.65 per cent, while the Nifty 50 dropped by 110.30 points or 0.61 per cent.

Also Read | IND vs NZ, Jaipur Weather, Rain Forecast and Pitch Report: Here's How Weather Will Behave for India vs New Zealand 1st T20I at Sawai Mansingh Stadium.

In BSE Sensex, the sectors which plummeted were the energy sector with a decline of 2.12 per cent, the oil and gas sector with 1.22 per cent, and the banking sector with 1.00 per cent.

The sector which traded with a positive bias at the closing bell today was the auto sector with 2.61 per cent.

Also Read | 7th Pay Commission: Narendra Modi Governmet Likely To Hike HRA of Central Govt Employees In January 2022 As New Year Gift.

Among stocks, the top gainer was Maruti Suzuki, which surged 7.31 per cent to Rs 8,049.65, followed by Mahindra & Mahindra (M&M) up by 3.44 per cent to Rs 960.30 per share.

Tech Mahindra, Larsen and Bajaj Finance also traded with a positive bias today.

Meanwhile, Reliance cracked by 2.58 per cent, followed by State Bank of India (SBI) down by 2.31 per cent and UltraTechCement by 2.20 per cent. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)