The Sensex ended (provisional) at 19,964 - down 137 points. Nifty ended down 38 points at 6,045.
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(updated at 1426 hrs)
Markets have slipped into the red in afternoon trades, as investor took to booking profits. Consumer durables, realty and capital goods are also down in trades.
The Indian rupee on Tuesday gained 23 paise to 53.54 against the US currency in the late morning trade on fresh selling of dollars by banks and exporters driven by persistent capital inflows from foreign funds.
Foreign institutional investors (FIIs) remained net buyers of Indian stocks on Monday and bought shares worth a net Rs 842.95 crore.
Meanwhile in Asia, stocks mostly retreated from early highs in a messy trading day Tuesday, with the Tokyo market performing a flip-flop back into losses as initial enthusiasm for Bank of Japan’s monetary-policy plans gave way to selling. Nikkei shed 0.3% at 10,710.Shanghai Composite also declined half a per cent.
All the sectoral indices were in the negative zone. BSE consumer durables was the top loser - down 1.2% at 7,609. Realty, capital goods, PSU and IT indices declined around half a per cent each.
Index heavyweight and cigarette maker ITC fell on profit booking after recent gains triggered by strong Q3 results.
Stocks of listed retail companies such as Pantaloon, Shopper's Stop and Trent were up in afternoon trade today on the Bombay Stock Exchange (BSE) following Foreign Investment Promotion Board (FIPB) clearance received by Swedish major IKEA for its Rs 10,500 crore investment in the country. This is the largest investment proposal in the single brand retail category so far.
Pharma major Lupin Ltd has received the final approval from the United States Food and Drugs Administration (USFDA) to market a generic version of an oral conceptive called Lutera Tablets.
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