Stock market LIVE updates: The Nifty50 index hit 14,500 for the first time ever, in Tuesday's intra-day deals

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The S&P BSE Sensex hovered around 49,250 and the Nifty50 index was testing the 14,500 levels. IndusInd Bank (down 2%) was the top Sensex loser, followed by Kotak Mahindra Bank, PowerGrid, and Asian Paints (all down 1%). On the other hand, both Bharti Airtel and Reliance Industries rose 1 percent, each.

The Nifty sectoral indices were trading mixed, with the Nifty Metal index, up 2 percent, leading the gainers.

Earnings today

Karnataka Bank, Tata Elxsi, Steel Strips Wheels are among 10 other firms scheduled to release their December quarter results today.