Mumbai, June 30 -- Indian benchmark indices gave up their early gains and slipped into the red shortly after opening on Tuesday, as investors turned cautious despite support from lower crude oil prices and positive global market cues.

The Nifty 50 had opened at 24,032.05, up 85.80 points or 0.36 per cent, while the BSE Sensex started the day at 77,005.51, gaining 277.14 points or 0.36 per cent. However, both indices later turned lower as investors booked profits and remained watchful of domestic and global developments.

Market sentiment at the opening was supported by stabilising crude oil prices and a strong rally in US markets overnight.

Ajay Bagga, banking and market expert, told ANI that lower international crude oil prices could p...