Sensex traded 293.15 points higher to 57,459.89 points, while the Nifty was up 102 points to 17,275.65 points
Sensex traded 293.15 points higher to 57,459.89 points, while the Nifty was up 102 points to 17,275.65 points
Benchmark indices rebounded in early trade on Tuesday after taking a beating in the previous trading session, with Sensex jumping 293.15 points.
Sensex traded 293.15 points higher to 57,459.89 points, while the Nifty was up 102 points to 17,275.65 points.
However, as the session progressed, both benchmark indices gave up early gains in choppy trading. Sensex was down 44.03 points to 57,122.71 points at 09:44, while Nifty was trading down 12.05 points to 17,161.60 points.
Investors appeared to be waiting for solid evidence amid concerns about rising inflation and inflows of foreign money in the wake of uncertain geopolitical conditions.
From the 30-stock Sensex package, early gainers included Tata Steel, M&M, State Bank of India, Maruti, ICICI Bank, Reliance Industries and Bajaj Finance.
In contrast, HDFC, Infosys, HDFC Bank and HCL Technologies were among the big laggards.
The benchmark index fell 1,172.19 points, or 2.01%, to trade at 57,166.74 points on Monday. The broader NSE Nifty fell 302 points, or 1.73%, to end at 17,173.65 points.
In Asia, Seoul, Shanghai and Tokyo markets traded higher on deals during the session, while Hong Kong traded lower. Stocks in the US closed slightly lower on Monday.
International oil benchmark Brent rose 0.46% to $113.68 a barrel.
Overseas institutional investors continued to sell shares worth 6,387.45 crore, according to stock market data on Monday.
