The Indian equity benchmarks, Sensex and Nifty, ended the day on the lower side, as buying was seen in auto and private bank stocks. The trading session remained volatile as rising tensions between Israel and Iran kept investors on edge.
The Sensex, after slipping to an intra-day low of 81,237, settled at 81,444.66 -- down by 138.64 points, or 0.17 per cent. Similarly, the Nifty closed at 24,812.05, losing 41.35 points, or 0.17 per cent.
"With the supportive base of the domestic macros, the long-term outlook remains intact and investors are likely to be focused on high-quality large-cap stocks until greater clarity emerges," said Vinod Nair of Geojit Investments Limited.
Investors will keep an eye on the US Fed policy later today, and the prospect of higher inflation due to the tariff threat may lead the FOMC to keep the rates unchanged, he added.
Within the Sensex pack, top losers included TCS, Hindustan Unilever, Nestle India, Bajaj Finserv, and NTPC -- all declining up to 1.79 per cent.