Domestic equity benchmarks closed in the red on Tuesday, snapping a three-day rally, as investors booked profits in financial, real estate and consumer-oriented shares. The 50-stock Nifty ended 118 points, or 0.49%, lower at 23,913.70, while the BSE Sensex dropped 479.26 points, or 0.63%, to settle at 76,009.70.
Meanwhile, the volatility gauge India VIX ended at 16.13, down by 3.41% from the last closing.