Sensex ends lower after SEBI’s trading curbs on shell companies

Indian shares ended lower for a second consecutive session on Tuesday on concerns over a broad government crackdown on suspected illegal offshore transfers and tax evasion after an unexpected regulatory order by the capital markets regulator.

Financial and consumer stocks were top contributors to the fall.

The benchmark BSE Sensex closed down 0.80 percent at 32,014.19, its lowest close since July 20.

The broader NSE Nifty ended 0.78 percent lower at 9,978.55, its lowest close in two weeks.