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The Sensex and the Nifty fell to the lowest close in nearly six weeks on Tuesday as gains in healthcare stocks such as Lupin were offset by fall in Tata Motors, which dropped ahead of a board meet to consider a rights issue.
The market was volatile and the general sentiment remained cautious ahead of the monthly derivatives contract expiry due on Thursday.
The 30-share BSE index Sensex ended the session lower by 30.3 points or 0.11 per cent at 28,161.72 and the 50-share NSE index Nifty fell 7.95 points or 0.09 per cent at 8,542.95.
Among BSE sectoral indices, auto index fell the most by 1.17 per cent, followed by banking 0.61 per cent and IT 0.5 per cent and realty 0.4 per cent. On the other hand, healthcare index was the star-performer and was up 1.84 per cent, followed by consumer durables 0.69 per cent, infrastructure 0.69 per cent and oil & gas 0.68 per cent.
Top five Sensex gainers were Bharti Airtel 2.86%, Dr Reddy's 1.73%, NTPC 1.63%, GAIL 1.62% and SSLT 1.57%, while the major losers were Tata Motors 3.27%, Hindalco 1.88%, HUL 1.59%, SBIN 1.57% and Tata Steel 1.16%.
Meanwhile, Foreign portfolio investors (FPIs) bought shares worth Rs 417.41 crore and domestic institutional investors (DIIs) bought shares worth Rs 403.91 crore yesterday, as per provisional data of the stock exchanges.
European shares
European shares inched higher in early trade on Tuesday after forecast-beating economic data from Germany helped offset a poor reading of Chinese factory activity.
At 0850 GMT, the FTSEurofirst 300 index of top European shares was up 0.1 per cent at 1,602.56 points, after losing 0.7 per cent on Monday.
Asian markets
An index of Asian shares erased its early gains on Tuesday after a measure of Chinese factory activity unexpectedly skidded to an 11-month low.
MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.1 per cent.
The Shanghai Composite Index sagged 0.3 percent in early trading. Japan's Nikkei stock average slipped about 0.5 percent, pulling away from the previous session's 15-year highs.
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