MUMBAI: Sensex closed lower on Tuesday due to profit making per investors after a record race and before the release of the main inflation figures.
After a two-day rally, the sensex fell 378 points to 69,551. During the day, it fell 485 points to 69,445.
Nifty hit a new intraday high of 21,038 points before closing below the 21,000 level. The 50-issue barometer fell 91 points to close at 20,906. On Monday, the sensex crossed the 70,000 level for the first time, reaching itsrecord intraday peak of 70,058. Nifty had settled just below the 21,000 level at 20,997, its all-time closing high.
“The Nifty broke its two-day rally and closed lower in a volatile session. Global stock markets recorded subdued (mostly positive) moves, with investors reluctant to make big bets in the run-up to this year's major risk-on events week of US inflation data and Central Bank meetings,” said Deepak Jasani of HDFC Securities. agencies



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