Benchmarks rebounds after early dip, Nifty ends near 22,200

The domestic equity benchmarks reversed early losses and closed higher on Tuesday, snapping a two-day losing streak. The key indices, the Sensex and Nifty, were buoyed by gains in select heavyweight stocks. The Nifty 50 index, after dipping to a low of 22,085.65 in early trading, managed to close near the 22,200 level. The broader market witnessed mixed performance with sectors like realty, consumer durables, and IT experiencing gains, while oil & gas, media, and PSU banks declined.