Indian shares ended 0.30 percent down on Tuesday as investors locked in gains a day after global markets soared on a US bailout of two ailing mortgage lenders, dealers said. The benchmark 30-share Sensex index fell 44.21 points to 14,900.76 after recovering from the day's low of 14,714.92. "The markets are likely to remain choppy as global trends remain uncertain," said Atul Hatwar, a dealer at Crosseas Securities.
India's leading vehicle maker Tata Motors fell 16.05 rupees or 3.68 percent to 420.40, as construction of its factory to build the world's cheapest car hung in the balance after violent protests at the plant were suspended. The benchmark Sensex rose 3.18 percent on Monday, after a decision by nuclear supplier nations at the weekend to end a decades-old ban on civilian atomic trading with India.
In Tuesday's trade, losers led gainers 1,443 to 1,195 on turnover of 45.5 billion rupees (1.01 billion dollars).
Bharat Heavy Electricals (BHEL) fell 43.6 rupees or 2.44 percent to 1,746.95 while State Bank of India fell 31 rupees or 1.95 percent to 1,560.55. DLF fell 8.2 rupees or 1.6 percent to 503.85 a day after the market regulator Sebi cleared the company's proposal to buy back its own shares.