The Indian stock market snapped a four-day gaining streak as Sensex and Nifty closed in the red with muted losses on Tuesday as weak global cues and slightly higher oil prices outweighed stronger rupee and FII purchases.
Sensex fell more than 104 points to close at 78,181 while Nifty 50 declined around 32 points to end the volatile expiry day session at around 24,399 on Tuesday, wiping off all morning gains. Broader markets also lost steam and closed in the red, with Nifty Smallcap 100 falling 0.66% and Nifty Midcap 100 declining 0.37%.