Sensex slips 109pts; Broader markets outperform, Allcargo zooms 20%

Stock market LIVE: The BSE Midcap and Smallcap indices gained 0.6 per cent and 1.1 per cent, respectively. Realty and auto shares rallied, while metal stocks declined in trade on Tuesday

Closing Bell

The broader markets out-performed the key benchmark indices in trade on Tuesday on the back of buying in auto and realty shares. The BSE benchmark index, the Sensex, jumped to a high of 60,421 in early trade, but eventually ended 109 points lower at 60,029.

The NSE Nifty rallied past the 18,000-mark, in opening deals to a high of 18,012, but soon the rally fizzled and the index dropped to a low of 17,848. The Nifty 50 index finally settled with a loss of 41 points at 17,889.

The broader markets out-performed the key benchmark