Indian markets ended marginally lower on Tuesday ahead of an emergency meeting of euro zone finance ministers in Brussels later in the day to continue talks on bailout with Greece.
At the close, the benchmark 30-share index, BSE Sensex declined 37.07 points or 0.13% at 28,171.69 with 22 components posting drop. Meanwhile, the broad based NSE Nifty fell by 11.35 points or 0.13% at 8,510.80 with 33 components registering drop.
'Greek's sovereign default is behind us and markets globally are currently discounting a probable 'greexit' into current prices,' said Hiren Dhakan, Associate Fund manager, Bonanza Portfolio.
Biggest gainers in the 30-share index were Coal India (2.06%), Housing Development Finance Corporation (1.47%), State Bank Of India (0.66%), Wipro (0.66%), Sun Pharmaceutical Industries (0.63%), and Dr Reddy's Laboratories (0.56%).
On the other hand, Vedanta (2.76%), NTPC (2.61%), Hindalco Industries (1.65%), Hero Motocorp (1.62%), Reliance Industries (1.17%), and Oil & Natural Gas Corporation (1.15%) were the major losers in the Sensex.
The Realty index was at 1,447.14, up by 12.77 points or by 0.89%. The Consumer Durables index was at 10,831.75, up by 75.54 points or by 0.70%. On the other hand, the TECk index was at 5,995.47, down by 28.93 points or by 0.48%.
Market breadth was negative with 1,590 advances against 1,072 declines.
