Sensex ends down 37 points

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Mumbai: The BSE Sensex slipped into negative territory in the afternoon session on Tuesday as investors turned cautious ahead of the Euro Zone meeting.

The Sensex ended down 37 points or 0.13 per cent at 28,171.69 while the NSE Nifty lost 11.35 points or 0.13 per cent to 8,510.80.The Sensex had gained 262.96 points in the past two sessions. Almost all the BSE sectoral indices came under pressure. Realty and consumer durables managed to hold on to their gains.

European stock and bond markets steadied on Tuesday before a euro zone leaders summit to discuss the Greek debt crisis while a further fall in Chinese shares reminded investors of other dark clouds on the horizon.Most Asian stocks drooped on Tuesday as Chinese equity markets went into a fresh tailspin, fraying investor nerves already strained by uncertainty hanging over the future of Greece and the European currency union.Chinese shares fell more than 5 per cent at one point despite unprecedented steps last weekend to stabilise the plummeting market, with the CSI 300 index falling to near four-month lows.

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