Indian equities Benchmark surrendered early gains to end sharply lower on Tuesday, as HDFC Bank led a decline in financials, while Zee Entertainment plunged over 32% after its merger with Sony’s India unit collapsed.

Dear Trader… Domestic equities opened positive but soon drifted into red witnessing huge sell-off amid profit booking. Nifty future plunged 401 points (-1.86%) to close at 21202 levels while Sensex fell 1053 points to close at 70370. Nifty Realty too fell 5.3% following weak results from Oberoi Realty. PSU Banks,