| "Indices were down on Tuesday mainly on worries that the rupee was weakening against the dollar," Raju Bhavsar, dealer at Pioneer Intermediaries, said. |
| The rupee had ended at 37-month low against the dollar on Monday. |
| Dealers said the dollar has become a safe haven for investors amid the geo-political tension in West Asia, which has pushed crude above the $75 a barrel mark. |
| Nymex August delivery crude on Monday closed at $75.30 per barrel, after touching a high of $77.30 on Friday. |
| On Tuesday, the Sensex ended at 10226.78, down 66.44 points or 0.7 per cent from Monday, after moving between 10406.43 and 10149.85 intra-day. |
| The National Stock Exchange's 50-share Nifty ended 2993.65, down 13.90 points or 0.5 per cent, after moving between 3038.25 and 2967.95 intra-day. |
| The Asian markets ended down after the Japanese finance minister hinted that Japan is considering imposing financial sanctions on North Korea to discourage missile development and testing. |
| The BSE Metal index, down 3 per cent, was the worst hit among sector indices. |
| Technology shares were major gainers, with BSE IT index rising 1.5 per cent. |
| Dealers attributed gains to appreciation of the dollar resulting in better revenues for IT companies as they earn a major chunk of revenues from exports. |
| Satyam Computer Services, Infosys Technologies, and Wipro were up 1-2 per cent. |
| Suzlon Energy, up 4.5 per cent, was top Nifty gainer after the company announced that it will invest Rs 1,500 crore to set up manufacturing facilities. |
| Oil and Natural Gas Corp surged 1.3 per cent on value buying after slipping 8 per cent over the past three sessions. |
| Metal companies were among the laggards, with Hindalco Industries shedding close to 4 per cent as prices on London Metal Exchange weakened after the dollar gathered momentum against other leading currencies. |
| Metals are considered a good hedge against a weak greenback. |
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