Share Market Today:\u00a0Indian stock markets (Sensex and Nifty) registered massive losses on Tuesday\u00a0after\u00a0the\u00a0Indian rupee\u00a0struck new record low at 72.74 vs\u00a0US dollar with Sensex falling 509 points and Nifty concluding below 11,300 at\u00a011,287.50. During the day, in\u00a0the late trading, the\u00a0S&P BSE Sensex slipped\u00a0as much as 561 points to a day's bottom of\u00a037,361.20 while\u00a0NSE Nifty tripped 164.1 points to a day's low at\u00a011,274.\u00a0According to the\u00a0Bloomberg data, the Indian rupee slumped\u00a0as much as 29 paise to a new all-time trough\u00a0of 72.7388 per unit US dollar. The market sentiments were cautious ahead of the major macroeconomic data scheduled to be released tomorrow including IIP and CPI inflation and the domestic currency (rupee) hitting a fresh lifetime low against US dollar seemed to have battered the situation further. Shares of ITC, HDFC Bank, RIL, HDFC, TCS, ICICI Bank were the\u00a0major negative point contributors to the key equity indices Sensex and Nifty.\u00a0ITC shares were the biggest\u00a0drag Sensex and Nifty on\u00a0Tuesday\u00a0after the stock of\u00a0India's largest FMCG company\u00a0tanked a little more than\u00a03% in the\u00a0trade\u00a0following the weakness in most of the consumer goods shares. Indian equities went flat after opening marginally higher on Tuesday with Infosys shares leading and ITC shares lagging among all the components of BSE Sensex index.\u00a0Asian shares were struggling to avoid a ninth straight session of losses on Tuesday as the spectre of a Sino-US trade war haunted investors, while the pound perched near a five-week top on hints a Brexit deal might be nearer, Reuters said in a report.