Market benchmarks closed modestly lower on Tuesday after two days of gains, weighed by profit booking in Reliance Industries, IT and auto stocks amid lack of fresh buying triggers.
A depreciating rupee and lacklustre global cues further weighed on sentiment, traders said. After a positive opening, the 30-share BSE Sensex gained momentum through the session, but succumbed to a fag-end selloff to end at 52,861.18, down 18.82 points or 0.04 per cent.
On similar lines, the broader NSE Nifty fell 16.10 points or 0.1 per cent to 15,818.25.
Tech Mahindra was the top loser among the Sensex constituents, shedding 2.30 per cent, followed
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