After hitting record highs in the previous session, the Indian benchmark indices entered consolidation mode on Tuesday. Despite a positive start, the market fluctuated between gains and losses throughout the session. However, selling in the last hour pulled the indices down to their lowest point of the day.
At close, the Sensex was down 220 points or 0.29 percent at 75,170, and the Nifty was down 44 points or 0.19 percent at 22,888.
In the forex market, the rupee ended at 83 rupees and 18 paise against the US dollar.
At the Multi Commodity Exchange, Gold futures for June contracts were trading at 71,873 rupees per ten grams. Silver futures for July contracts were trading at 94,365 rupees per kilogram when reports last came in.
In intra-day trade, Brent crude was trading at 83 dollars and 30 cents per barrel.