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Closing Bell: Sensex Closes 50 pts Lower, Nifty 50 Settles Below 25,170; SBI Life, HUL, Trent Top Loser

Stock Market Live Updates: At 3 PM today, the Sensex was trading at 82,225.62, up by 65.65 points (0.08%) recovering early losses. On the other hand, the Nifty 50 slipped into the red, standing at 25,165.50, down by 36.85 points (0.15%)

Nifty and Sensex opened flat on Tuesday with Nifty Auto gaining the lead. Top auto stocks like Mahindra & Mahindra, Tata Motors, Maruti Suzuki, etc, were trading in green amid optimism around GST rate cut.

Gift Nifty indicated a weak start of the Nifty on Tuesday, a day after the benchmark index ended in red.

The Nifty and Sensex ended lower on Monday. Despite a weak start of the weak, Nifty 50 held the ground marginally above the 25,200 mark. The Indian stock market is likely to react to the mixed global cues and the impact of US visa fee hike. Additionally, sentiment around the new GST rates, implemented on MOnday, will also dominate the stock market today.

Closing Bell: Sensex Closes 50 pts Lower, Nifty 50 Settles Below 25,170

"IT stocks slumped on news of President Trump's $100,000 H-1B visa fee but pared losses after a subsequent clarification, while the GST rollout and sustained buying in Adani Group counters aided an intraday pullback. At the close, the Sensex fell 466.26 points or 0.56% to 82,159.97, and the Nifty slipped 124.70 points or 0.49% to 25,202.35," noted Bajaj Broking in its commentary.

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