Markets recover most losses within days; end marginally lower | Markets News | Jobs Vox


Mumbai: Equity benchmarks clawed back most of their intraday losses to end marginally lower on Tuesday amid buying in major indices Reliance Industries and Tata Consultancy Services.

Aided by last-minute buying activity in some of the heaviest indices, the 30-share BSE Sensex managed to pare most of its early losses to end 103.90 points or 0.17 percent lower at 61,702.29.

During the day, it fell by 703.51 points or 1.13 percent to 61,102.68.

The broader NSE Nifty fell 35.15 points or 0.19 percent to end at 18,385.30.

Of the Sensek pack, Tata Motors, Hindustan Unilever, Mahindra & Mahindra, Larsen & Toubro, Bharti Airtel, Maruti Suzuki, NTPC, Tech Mahindra, Bajaj Finance and Tata Steel were among the top laggards.

Tata Consultancy Services, Reliance Industries, UltraTech Cement, IndusInd Bank, Akis Bank and ICICI Bank finished in the green out of a pack of 30 stocks.

Elsewhere in Asia, stock markets in Seoul, Tokyo, Shanghai and Hong Kong edged lower.

Stocks in Europe traded in negative territory in mid-session business. US markets ended lower on Monday.

The international reference price of Brent oil rose by 0.65 percent to 80.32 dollars per barrel.

Foreign institutional investors (FIIs) on Monday surrendered shares worth Rs 538.10 crore net, according to exchange data.


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