Sensex gives up early gains to end 262 pts lower

Equity benchmark Sensex surrendered all its early gains to end 262 points lower on Tuesday due to emergence of a sudden sell-off in financial stocks at the fag-end of the session. Slumping over 810 points from the day's high, the 30-share BSE index settled 261.84 points or 0.83% lower at 31,453.51, and the NSE Nifty fell 87.90 points or 0.95% to close at 9,205.60.