The Sensex is down 112.54 points or 0.34% at 33343.25, and the Nifty down 46.10 points.
Oil marketing and aviation companies' share prices fell 2-3 percent on Tuesday following sharp rise in crude oil prices in international market.
HPCL, BPCL and IOC declined 2-3 percent while Jet Airways, SpiceJet and Inter Globe Aviation (IndiGo) were down 2 percent each.
Oil retailers are allowed to make changes in petrol and diesel prices on daily basis, tracking international crude oil prices but it won't possible for them to increase it sharply when oil prices, like today, are trading at highest level since 2015. For More Information Visit : www.paceresearchindia.com and Call Now : 8817774774
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