New Delhi, June 25 -- Stock market benchmarks Sensex and Nifty slipped sharply on Tuesday after a strong start, as escalating hostilities in the West Asia dampened investor confidence.

The Sensex erased early gains, plunging 1,118.04 points from its peak to touch 81,900.12, while the Nifty breached the 25,050 level during intraday trade. Sensex closed 158 points, or 0.19% higher at 82,055.11, while the Nifty 50 settled at 25,044.35, up 72 points, or 0.29%.

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