Mumbai: Equity benchmark Sensex surrendered all its early gains to end 46 points lower on Tuesday as investors turned cautious ahead of Prime Minister Narendra Modi’s address to the nation.
After jumping 272.39 points during the day, the 30-share index turned negative and settled 45.72 points, or 0.13 per cent, down at 34,915.80; while the NSE Nifty slipped 10.30 points, or 0.10 per cent, to 10,302.10. PowerGrid was the top laggard in the Sensex pack, shedding around 2 per cent, followed by Sun Pharma, ITC, ONGC, Bharti Airtel and Reliance Industries. On the other hand, Maruti, Nestle India, ICICI Bank and UltraTech Cement were among the gainers.
Meanwhile, bourses in Shanghai, Hong Kong, Japan and Seoul ended with significant gains. However, stock exchanges in Europe started on a tepid note. International oil benchmark Brent crude futures fell 1.36 per cent to $41.28 per barrel. On the currency front, the rupee settled 7 paise higher at 75.51 against the US dollar.
Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.