<p>Recovery in late afternoon trades was shortlived, as both the benchmark indices ended in the red on Tuesday.<br /><br />After opening in the negative zone, Sensex as well as Nifty recovered before sliding into deeper negative territory and closing down. While the S&P BSE Sensex shred 205.72 points (0.67%), to end at 30,365.25, the Nifty 50 closed below the 9,400-mark, down 52.10 points (0.55%), at 9,386.15. <br /><br />“Key benchmark indices in India traded range-bound and on a lackluster note, in Tuesday’s trade. After opening in the red, markets did make a small recovery in late afternoon trade. However, the respite was short lived as both the benchmark Sensex and the Nifty finally closed the day with losses of over 0.5%,” BNP Paribas Mutual Fund senior fund manager (equities) Karthikraj Lakshmanan said.</p>
<p>Recovery in late afternoon trades was shortlived, as both the benchmark indices ended in the red on Tuesday.<br /><br />After opening in the negative zone, Sensex as well as Nifty recovered before sliding into deeper negative territory and closing down. While the S&P BSE Sensex shred 205.72 points (0.67%), to end at 30,365.25, the Nifty 50 closed below the 9,400-mark, down 52.10 points (0.55%), at 9,386.15. <br /><br />“Key benchmark indices in India traded range-bound and on a lackluster note, in Tuesday’s trade. After opening in the red, markets did make a small recovery in late afternoon trade. However, the respite was short lived as both the benchmark Sensex and the Nifty finally closed the day with losses of over 0.5%,” BNP Paribas Mutual Fund senior fund manager (equities) Karthikraj Lakshmanan said.</p>