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Sensex, Nifty give up most gains; banks drag


(Reuters) - Indian shares erased most of their earlier gains to end little changed on Tuesday, with gains in IT and slightly outweighing losses in counters.

The benchmark Sensex closed up 0.12 percent at 34,991.91, while the broader rose 0.06 percent at 10,530.

Reliance Industries Ltd's stock, up 1.3 percent, was the top boost, while shares of rose 2.2 percent.

Shares of country's largest lender ended 2.9 percent lower, while those of closed down 2.7 percent.

Vedanta Ltd, which traded ex-dividend, was the top loser, with the stock falling 6.8 percent.

(Reporting by in Bengaluru; Editing by Rashmi Aich)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Tue, November 06 2018. 16:16 IST