Besides, foreign portfolio investors (FPIs) sold shares worth a net Rs 264.35 crore on Tuesday, as per provisional data.

The Sensex resumed higher at 29,129.85 and firmed up further to 29,133.62 on initial strong buying.

But, it immediately declined to 28,867 at 11 AM, showing a loss of 133.14 points or 0.45 percent.

The CNX 50-share Nifty also eased by 40.15 points, or 0.45 percent, to 8,716.40 at 11 AM.
    
Among global markets, Asian shares were trading higher in their morning trade.
    
US markets ended higher for the second consecutive day on Tuesday as oil prices extended their recent rally, while higher-than-expected January car sales also bolstered the advance.

Key benchmark indices in China, Hong Kong, Japan, Singapore, South Korea and Taiwan were up by 0.25-2.17 percent.

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