Mumbai, Nov 4 || Indian stock markets ended lower on Tuesday as renewed selling pressure hit information technology (IT) and metal shares in the second half of the trading session.
After opening on a positive note, the Sensex gave up its early gains and closed 519.34 points, or 0.62 per cent, down at 83,459.15.
During the intra-day session, the index had briefly risen 0.11 per cent before turning negative.
The Nifty also slipped 165.70 points, or 0.64 per cent, to end at 25,597.65.
"The Nifty continued its lower highs and lower lows formation, slipping below the 25,600 mark. Momentum indicators and oscillators have given a sell crossover on the daily chart, indicating that short-term weakness is likely to persist,” market watchers said.