On the upside, ONGC, Maruti Suzuki, Nestle India, Titan, Reliance Industries, and L&T supported the markets with up to 2.5 per cent gains
Analysts put the bond markets' volatility down to positions taken by some traders betting on the possibility of the US Fed tightening monetary policy
The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent
Bajaj Finserv was the best-performing Sensex stock, rising 5.2 per cent; Reliance Industries and Bajaj Finance surged 4.5 per cent and 4.5 per cent, respectively
Broader markets outperformed the benchmark indices, highlighting underlying strength in the market. The S&P BSE MidCap and SmallCap indices ended 1.55 per cent & 1.6 per cent higher, respectively
The advance to decline ratio favoured bulls as nearly 2x stocks rose for every 1 stock that declined on the BSE
In the intra-day trade, the benchmark S&P BSE Sensex tumbled 2,149 points while the Nifty50 index slumped 629 points
Sectorally, the Nifty Metal, PSU Bank, and Bank indices advanced 25 per cent, 40 per cent, and 20 per cent, respectively during the February F&O series
Sectorally, the Nifty Bank and Private Bank indices closed 4 per cent higher
In the broader markets, the Nifty MidCap 100 and SmallCap 100 indices settled with gains of about 1 per cent on the NSE
The company said the O2C business will be turned into a separate entity that will be 100 per cent owned by RIL
The equity market recorded its biggest single-day fall in two months
Index heavyweights, Reliance Industries, HDFC, TCS, ITC and ICICI Bank were among the top Sensex drags
The Nifty PSU bank index ended as the top laggard on the NSE, down 4.7 per cent, after surging nearly 6 per cent each over the past two days
Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher
In the intra-day session, the Sensex and the Nifty indices touched a low of 51,586 and 15,171, respectively.
The broader markets ended higher today with the S&P BSE MidCap and SmallCap indices settling 0.2 per cent and 0.43 per cent up, respectively
The Nifty Bank index stole the show and hit a new peak of 37,309 levels, up 1,200 points in the intra-day trade. The index closed 1,197 points, or 3.3 per cent, higher at 37,306 levels
On the sectoral front, the Nifty Metal index skid 1.7 per cent, followed by the Nifty FMCG index declined 1.5 per cent
On the sectoral front, Nifty PSU Bank index declined over 1 per cent on the NSE, followed by losses in the Nifty Auto index (down 0.4 per cent), and the Nifty Realty index (down 0.24 per cent)