Domestic equities closed marginally in the red on Tuesday as weakness in financial and consumer shares outweighed gains in the IT pack, which emerged as the key support for the market. The Nifty 50 slipped 31.95 points, or 0.14%, to finish at 23,618, while the BSE Sensex declined 114.19 points, or 0.15%, to settle at 75,200.85. Meanwhile, the volatility gauge India VIX ended at 18.68, down by 4.86% from the last closing.
Here's how analysts read the market pulse:
