New Delhi | Jagran Business Desk: At Jagran English we provide you the latest financial news from India and around the world with key updates from equity markets, fuel prices and precious metals. Here, we provide you a complete coverage of Indian stock markets Sensex, Nifty and how the development across Asia and across the globe, data release and shares impact their growth. We will also keep a close eye on rising fuel prices and price of gold, silver.

Today, our main focus will be Sensex and Nifty that tanked by over 400 points and 127 points on Monday's trade, equity markets slumped nearly one per cent as investorsbooked profits in index heavyweights Reliance Industries, Kotak Bank, HDFC Bank and TCS following their quarterly results.

Kotak Mahindra Bank was the biggest laggard in the Sensex pack, dropping 4.70 per cent, after the lender reported a rise in non-performing assets in Q3. Reliance Industries, HDFC Bank and TCS fell up to 3.08 per cent after the companies reported their quarterly earnings over the weekend.

Here's how the markets fared today:

Market benchmark Sensex dropped 205 points on Tuesday, led by losses in auto, banking, metal and FMCG stocks amid a sharp fall in other Asian markets on concerns over a deadly virus in China. Tata Steel was the top loser in the Sensex pack, shedding 3.01 per cent, followed by M&M, Maruti, Asian Paints, PowerGrid, ITC and Axis Bank.

On the flipside, Ultratech Cement, HDFC, Kotak Bank, ONGC and TCS ended with gains. Brent crude oil futures fell 1.21 per cent to USD 64.41 per barrel. Meanwhile, rupee depreciated 5 paise to 71.16 per US dollar

Also Read: IMF lowers India's growth forecast to 4.8 per cent in 2019, 5.8 per cent in 2020

Here's how the markets opened today:

The benchmark Sensex dropped 187.76 pts to 41,341.15 in opening session, while Nifty was down 54.75 pts at 12,169.80 after after the International Monetary Fund (IMF) slashed India's 2019 growth estimates to 4.8 per cent from 6.1 per cent.IMF cited a sharper-than-expected slowdown in local demand and stress in the non-bank financial sector.

Kotak Mahindra Bank was down 1 per cent after it declared its corporate results.

Sensex: 41,341

Nifty: 12,169

Rupee declined 6 paise to 71.17 against US dollar in opening trade.

In metal prices, Gold surged by 0.47 per cent while Silver rose 0.46 per cent.

Gold: Rs 40,134 per 10 grams

Silver: Rs 46,914 per kg

Meanwhile, fuel prices slipped by 10 paise and 15 paise respectively. The overall price of petrol and diesel have dipped by 92 paise and 95 paise respectively.

Petrol per Litre

Rs 74.88 in Delhi, Rs 80.47 in Mumbai, Rs 77.73 in Chennai, Rs 77.48 in Kolkata

Diesel per Litre

Rs 68.11 in Delhi, Rs 71.48 in Mumbai, Rs 1.93 in Chennai and Rs 70.47 in Kolkata

(with PTI inputs)