Domestic equity benchmarks Sensex and Nifty erased early gains to settle with losses for the second day on the trot on Tuesday, as surging COVID-19 cases and growing localised restrictions continued to dent investor sentiment. The BSE Sensex slipped 243.62 points or 0.51 per cent to close the session at 47,705.80. Intra-day, the BSE gauge rose as much as 529 points to touch the day's peak of 48,478.34.
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