Indian market fell across the board on Tuesday as investors remained cautious amid rising global tensions. The Nifty50 fell 98.50 points to end the session at 10,147 with the NSE index now less than 100 points away from the 52-week low of 9,952. IT stocks of Infosys, TCS along with ICICI Bank and Reliance Industries were the top contributors to fall, while HDFC held the ground even in a weak trading session. The Sensex fell 287 points to 33,847.

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In the broader markets, Nifty Bank fell 106 points to close below the important level of 25,000. Nifty Midcap Index too slipped 141 points to 16,167, keeping market breadth in favour of declines. One stock was advancing against three declining at the close.

IT stocks were amongst top losers with the sectoral Index falling more than 3 percent as the Indian rupee gained against the US Dollar. Pharma stocks too had a rough run in the trade. The Nifty Pharma slipped nearly 3 percent with Sun Pharma being the top loser. A fall in Brent crude prices had a positive impact on the stock movement of oil marketing companies. All three IOC, BPCL and HPCL recover to close near day’s high.

On the earnings front, from the Nifty pack, Bajaj Finance reported earnings with strong growth momentum continuing for another quarter. Assets under management came in 37.9 percent higher at Rs 1 lakh crore on YoY basis and net interest income came in 42 percent higher at Rs 2,729 crore.

From the auto space, the two-wheeler company from Chennai, TVS Motor reported earnings for July-September quarter that saw margin coming in 60 basis points higher at 8.6 percent against the estimate of 8 percent.

In the futures market, Nifty 10,200 Call Option added 15 lakh shares in the open interest with premium moving 36 percent lower. Nifty 10,300 Put option shed 7 lakh shares in the open interest with premium moving 16 percent higher. Nifty October Futures closed with a premium of 35 points against a discount of 13 points on Monday.

Elsewhere in Asia, the Greater China markets fell, reversing gains seen over the last two sessions. The Shanghai composite shed 2.26 percent to close at 2,594.83, while the Shenzhen composite declined 1.92 percent to 1,300.29. Meanwhile, Hong Kong’s Hang Seng index fell 3 percent.

In South Korea, the Kospi fell 2.6 percent to 2,106.10, closing at a low not seen since March 2017. In Japan, the Nikkei 225 was down 2.67 percent to close at 22,010.78, while the Topix index fell 2.63 percent to 1,650.72.

Australia’s ASX 200 closed down 1.05 percent at 5,843.1, with the heavily-weighted financial sector falling 1.18 percent and the energy subindex declining 3.21 percent. Shares of hospital operator Healthscope jumped 19.33 percent Down Under after the company said it had received a takeover proposal from a consortium for 4.11 billion Australian dollars.