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Sensex erases early gains to close lower for third session in a row
Photo Credit: Reuters

Indian shares ended lower for a third straight session on Tuesday, erasing gains in morning trade, hurt by declining financial shares such as HDFC Bank and automobile stocks such as Maruti Suzuki India.

The broader Nifty closed 0.16 percent lower at 11,575.95, while the benchmark Sensex ended down 0.21 percent at 38,564.88.

Trading volumes stood at 272.5 million on the Nifty, compared with the 30-day average volume of 341.4 million, as market participants remained cautious amid ongoing general election and corporate earnings season.

HDFC Bank closed 1 percent lower, while Maruti Suzuki ended 3.7 percent lower.

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