Nifty 50 went off 43 points and closed at 17,324 levels whereas BSE Sensex shed 166 points and closed at 58,117 levels.
On a day when the volume son the NSE were in line with recent averages; power, oil & gas and capital goods indices rose the most while telecom, FMCG and auto indices fell the most.
On intraday trading tips for stock market today; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “The Indian stock market showing consolidation movement on Tuesday, post-bearish pattern of Monday could signal chances of sustainable upside bounce back in the coming sessions.