Equity benchmarks recovered most of their intraday losses to close modestly lower on Tuesday amid buying in index majors Reliance Industries and Tata Consultancy Services despite lacklustre global cues.
After tumbling over 700 points intra-day, the 30-share BSE Sensex clawed back lost ground on last minute buying in index heavyweights. It finally ended 103.90 points or 0.17 per cent lower at 61,702.29.
On similar lines, the broader NSE Nifty dipped 35.15 points or 0.19 per cent to end at 18,385.30.
Tata Motors led the Sensex losers’ list, dropping 1.75 per cent, followed by Hindustan Unilever, Bharti Airtel, M&M, NTPC, Maruti
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