The BSE benchmark climbed 305.09 factors or 0.42% to settle at 73,095.22 on Tuesday. The Nifty ended 76.30 factors or 0.34% up at 22,198.35. File.
| Photo Credit: Vivek Bendre
Equity benchmark indices Sensex and Nifty began the trade on an optimistic word on February 28 however later quoted flat in a highly volatile trade amid combined international market cues.
Derivatives expiry on Thursday additionally fuelled volatility within the home market, merchants mentioned.
The 30-share BSE Sensex climbed 83.06 factors to 73,178.28 in early trade. The Nifty went up by 27.95 factors to 22,226.30. But, later each the benchmark indices have been oscillating between highs and lows.
Among the Sensex corporations, Bharti Airtel, Tata Motors, State Bank of India, Tata Steel, Reliance Industries and Kotak Mahindra Bank have been the key gainers.
Asian Paints, UltraTech Cement, Wipro and Larsen & Toubro have been among the many laggards.
In Asian markets, Seoul quoted with features whereas Tokyo, Shanghai and Hong Kong traded decrease.
The U.S. markets ended principally larger on Tuesday.
“Market is likely to be in a range-bound zone in the near term. The present range-bound consolidation phase is likely to continue for some time in the absence of strong positive or negative triggers,” mentioned V Ok Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
The BSE benchmark climbed 305.09 factors or 0.42% to settle at 73,095.22 on Tuesday. The Nifty ended 76.30 factors or 0.34% up at 22,198.35.
Global oil benchmark Brent crude declined 0.40% to $83.30 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities price ₹1,509.16 crore on Tuesday, in line with alternate knowledge.
