Sensex and Nifty got turbulent on Tuesday, mirroring weakening in index-heavyweight IT sectors amid a mixed trend in Asian shares.

Despite beginning with a significant gain, the 30-share Sensex became erratic, falling 150 points to 56,333.72. The NSE Nifty dropped 28.50 points to 16,842.80.

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Tata Steel, Infosys, Tech Mahindra, HCL Tech, TCS, and Wipro were the biggest declines among the 30 companies on the Sensex. Maruti Suzuki India, Mahindra & Mahindra, UltraTech Cement, Asian Paints, Bharti Airtel, and HDFC, on the other side, were among the gainers.

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The Sensex rose 935.72 points, or 1.68%, in the previous trade to close at 56,486.02. Similarly, the Nifty gained 240.85 points, or 1.45%, to close at 16,871.30.

During the mid-session trades, Hong Kong and Shanghai bourses were trading more than 2% lower, while Tokyo was trading modestly higher. In the overnight trading, stock markets in the United States ended on a mixed note.

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According to exchange statistics, foreign institutional investors maintained their selling binge in Indian markets on Monday, offloading shares worth Rs 176.52 crore on a net basis.

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Retail inflation reached an eight-month high of 6.07% in February, remaining above the Reserve Bank of India’s comfort level for the second month in a row, while wholesale price-based inflation soared to 13.11% due to higher crude oil and non-food item prices, according to government data released on Monday.

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Meanwhile, Brent crude, the international oil benchmark, fell 3.73% to USD 102.9 per barrel. In early trade, the rupee climbs 21 paise to 76.33 against the US dollar.