Sensex Ends 54 Points Lower As Markets Snap 7-Day Winning Run: Highlights
The S&P BSE Sensex index and the broader NSE Nifty benchmark swung between gains and losses on Tuesday as the markets lost steam a day after clocking a record high. The Sensex moved in a range of 228.58 points, touching 40,466.55 and 40,237.97 at the strongest and weakest levels in morning trade respectively. The Nifty swung a total 61 points between 11,917.95 and 11,978.95, as the markets switched direction at least eight times after a positive opening. Gains in financial, auto and metal stock were countered by losses in IT and consumer goods shares. Shares in other Asian markets however rose on optimism about a US-China trade deal, with MSCI's broadest index of Asia Pacific shares outside Japan last seen up 0.29 per cent while Japan's Nikkei 225 benchmark was up 1.50 per cent.