Sensex slipped 53.49 points and Nifty remained flat on Tuesday as profit booking in financials offset optimism from U.S.-China talks and RBI support, with selective buying in IT and pharma.
Top investors such as Goldman Sachs, Morgan Stanley, and a clutch of mutual funds acquired a 1.45% stake in Suzlon Energy through block deals worth Rs 1,309 crore. As per NSE data, over 19.81 crore shares changed hands at an average price of Rs 66.05 apiece.
Indian markets ended higher on Monday, with Nifty reaching an eight-month high and banking stocks rallying to record levels, driven by RBIs surprise easing, strong U.S. jobs data, and progress in global trade discussions.