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Sensex, Nifty End Choppy Session Mixed

Indian shares swung between gains and losses before closing largely unchanged on Tuesday as traders opted to book some profits following the previous session's sharp rally.

While mixed global cues kept investors nervous, encouraging industrial output and retail inflation data coupled with expectations that the RBI will push back a rate hike helped to limit the potential downside.

The benchmark BSE Sensex ended down 61.16 points or 0.18 percent at 33,856.78, while the broader Nifty index closed marginally higher at 10,426.85.

TCS shares tumbled 5.4 percent after Tata Sons sold 1.48 percent stake in the company for Rs 8,127 crore. Ambuja Cement, Hindalco, NTPC and Kotak Bank declined 1-2 percent.

On the positive side, oil companies BPCL and HPCL jumped over 4 percent as oil extended overnight losses on concerns over rising U.S. output. Sun Pharma, GAIL and Infratel climbed 2-3 percent.

by RTTNews Staff Writer

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