Markets close in red, Nifty slips below 10,700

Markets closed in red on Tuesday tracking global cues as Asian stocks faltered after  the United States charged Chinese telecom firm Huawei with bank fraud and for conspiring to steal trade secrets.

The BSE Sensex slipped 64.20 points or 0.18 percent to end at 35,592.50 while the NSE Nifty was down 9.35 points or 0.08 percent to 10,652.20.

Sensex touched an intra-day high of 35,734.14 and low of 35,375.51 while Nifty shuttled between high of 10,690.35 and low of  10,583.65.

Among the Sensex pack, Yes Bank, L&T, HDFC, RIL, HDFC Bank, PowerGrid and Coal India were the biggest losers -- falling up to 2.43 percent. Other laggards were Kotak Bank, ONGC, Mahindra and Mahindra, SBI, Tata Steel and Infosys.

Among the top gainers were Sun Pharma, rallying 2.61 percent. It was followed by Bajaj Finance, TCS, Asian Paints, ITC, HCL Tech -- rising up to 2.61 percent.

On a net basis, foreign portfolio investors (FPIs) purchased shares worth a net of Rs 223.44 crore Monday, and domestic institutional investors (DIIs) were net buyers to the tune of Rs 92.32 crore, provisional data available with BSE showed.

With Agency Inputs