Mumbai, Oct 6 (Inditop.com) A key index of Indian equities markets made up most of its losses Tuesday afternoon as investors bought into blue chip companies’ scrips.

At 2.20 p.m., the 30-scrip benchmark index of the Bombay Stock Exchange Sensex, which opened at 16,879.38 points, was ruling at 16,862.14 points, down 4.27 points or 0.03 percent. It had slipped more than 244 points earlier.

The S&P CNX Nifty of the National Stock Exchange (NSE) also climbed up but was still marginally in the red at 4,988.35 points, down 0.3 percent.

Broader market indices were still in the red, with the BSE midcap index 0.68 percent lower and the BSE smallcap index down 1.33 percent.