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Fears over whether the Eurozone would be successful in ratifying the increase in size and powers of European Financial Stability Facility (EFSF) led to Indian bourses closing marginally lower on Tuesday.
The Sensex closed 21 points down at 16,536 while the Nifty closed at 4,974, down 5 points over its previous close.
“There is an impasse on how big the Greece bailout would be $110 billion or $150 billion and how would it be funded,” said a dealer from a brokerage.
The volatility index India Vix, was up one per cent at 30.30.
Sun Pharma, NTPC, Sesa Goa, Tata Motors and GAIL were the top five gainers on the Nifty while Infosys, HCL Tech, TCS, Wipro and ONGC were the top five losers.
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