Equity benchmarks closed marginally lower on Tuesday after a volatile monthly F&O expiry session, with metal and PSU banking stocks staging a late-hour recovery that helped trim losses, while broader consolidation persisted ahead of the US Federal Reserve’s policy decision.

The BSE Sensex closed 150.68 points or 0.18 per cent lower at 84,628.16, opening at 84,625.71 against its previous close of 84,778.84. The Nifty 50 dipped 29.85 points or 0.11 per cent to 25,936.20, opening at 25,939.95 compared to the previous close of 25,966.05. The indices swung between gains and losses throughout the session, with the Nifty slipping to an intraday low of 25,810 before recovering sharply in the final hour.

Metal stocks led the gainers, with Tata Steel surging 2.82 per cent to ₹181.65 from its

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