The domestic equity market traded rangebound on Tuesday,
tracking mixed cues from other Asian and European markets. While the Chinese
state authorities intervened to ease the panic in the market, the volatility in
stocks kept investors nervous, hampering initiation of fresh positions on the
benchmarks.
The
S&P BSE Sensex lost 43 points, or 0.17 per cent, to close the day at
25,580. Nifty50, the 50-stock barometer, closed at 7,785, down 6.69 points, or
0.1 per cent. Tata Steel and GAIL were the top gainers in the index. Selling
was seen on the counters of HDFC Bank, TCS, Infosys and HUL, which weighed
heavy on the BSE benchmark.
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