The S&P BSE Sensex pared most of the intraday gains of 83 points and was trading flat in trade on Tuesday, supported by gains in L&T, TCS, ITC and HUL.

The benchmark BSE index up 0.02 percent, while the broader NSE index 0.06 percent higher. Larsen and Toubro leads gains after India passed an urgent executive order on Monday to ease land-acquisition rules. the 50-share Nifty index also came under pressure and was trading around its crucial psychological level of 8250, weighed down by losses in banks, metal and oil & gas stocks.

Market Updates
• Indian ADRs ended mixed on Monday.
• In the IT space, Infosys was down 0.03 percent at USD 31.79.
• Wipro declined 1.36 percent at USD 11.58.
• In the banking space, ICICI Bank gained 0.26 percent at USD 11.48.
• HDFC Bank was down 0.12 percent at SUD 50.30.
• In the other sectors, Tata Motors advanced 2.37 percent at USD 42.35.
• Dr Reddy’s Laboratories added 0.77 percent at USD 49.64.

Commodity Market Updates
Gold on Tuesday traded firmly below $1,200 an ounce as the dollar was perched at a near nine-year high versus a basket of major currencies, undermining the metal's appeal as a hedge.

Crude oil prices tumbled on Monday, with global grades settling down more than $1 a barrel after an early rally fizzled and prices fell to their lowest levels since May 2009.

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