Markets close with minor gains in highly volatile trading

Following a highly tumultuous session on Wednesday, equity benchmarks Sensex and Nifty eked out modest gains to settle in the positive zone, aided by buying in index giants Infosys, ITC, and Reliance Industries.

The 30-share BSE Sensex gained 92.47 points or 0.14 percent to 66,023.24. It dipped to a low of 65,664.85 and reached a high of 66,063.43 during the day.

The Nifty rose 28.45 points or 0.14 percent to 19,811.85.

Infosys, NTPC, Power Grid, Titan, ITC, Tech Mahindra, Hindustan Unilever, Axis Bank, Tata Consultancy Services, Bajaj Finserv, Reliance Industries, and UltraTech Cement were the top gainers on the Sensex.

The major laggards were IndusInd Bank, Kotak Mahindra Bank, Mahindra & Mahindra, JSW Steel, HDFC Bank, and Maruti.

In Asian markets, Seoul and Tokyo concluded higher, while Shanghai and Hong Kong finished lower.

European markets were generally in green.

On Tuesday, the US markets closed in the red.

Brent crude lost 0.46 percent to USD 82.07 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 455.59 crore on Tuesday.

On Tuesday, the BSE advanced 275.62 points or 0.42 percent to 65,930.77. The Nifty surged 89.40 points or 0.45 percent to 19,783.40.

Also read: Russia claims to have stopped Ukraine’s landing operation in occupied Kherson