Stock markets indices rose more than 300 points in early trade on Tuesday but quickly became volatile as investors withdrew to the sidelines amid ongoing foreign fund withdrawals and growing Middle East tensions.
In early trade, the 30-share BSE Sensex rose 339.67 points to 64,452.32. The Nifty increased by 92.8 points to 19,233.70.
Later, in a turbulent session, both benchmark indices quoted flat. The 30-share BSE index was down 44.50 points at 64,068.15, while the Nifty was down 7.85 points at 19,133.05.
Tata Motors, Bajaj Finserv, Asian Paints, Bajaj Finance, State Bank of India, Power Grid, ITC, and HDFC Bank were the top gainers on the Sensex.
Among the laggards were Bharti Airtel, UltraTech Cement, Infosys, Mahindra & Mahindra, JSW Steel, and Maruti.
In Asian markets, Tokyo was up, while Seoul, Shanghai, and Hong Kong were down.
On Monday, the US markets finished considerably higher.
Brent crude rose 0.41 percent to USD 87.81 a barrel.
According to stock exchange data, foreign institutional investors (FIIs) sold securities worth Rs 1,761.86 crore on Monday.
On Monday, the BSE index rose 329.85 points, or 0.52 percent, to 64,112.65. The Nifty gained 93.65 points, or 0.49 percent, to 19,140.90.
Also read: Israel’s Envoy wears a yellow star at UN, saying, “We will wear this until…”
Rajasthan began the first phase of panchayat elections on Saturday, with polling underway for 3,314…
Sensex and Nifty fell over 2 per cent this week as rising crude oil prices,…
Prime Minister Narendra Modi praised ITBP personnel for their courage, determination and selfless service as…
Delhi’s AQI stood at 180 on Saturday as authorities intensified efforts to tackle pollution hotspots…
Indian-American Republican Saritha Komatireddy secured the New York Post’s endorsement against Attorney General Letitia James…
Piyush Goyal interacted with Indian researchers and students in Berlin, promising support for innovation, startups…