Sensex, Nifty wipe out early gains on fag-end sell-off

News Snapshot:

Equity benchmark indices Sensex and Nifty ended lower on Tuesday as a fag-end sell-off wiped out early gains, with IT and power stocks playing spoilsport amid a mixed trend in global markets. Snapping its two-day winning run, the 30-share BSE Sensex declined 188.50 points or 0.25 per cent to settle at 74,482.78. During the day, it had jumped 440.11 points or 0.58 per cent to 75,111.39. The NSE Nifty dipped 38.55 points or 0.17 per cent to finish at 22,604.85. In the late afternoon trade, the benchmark hit its all-time peak of 22,783.35, up 139.95 points or 0.61 per cent....