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MARKET WRAP: Indices end flat, Sensex settles 32 pts higher; IT stocks gain

All that happened in the markets today

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SI Reporter  | New Delhi 


The Indian ended flat with a positive bias on Tuesday. Among headline indices, the S&P BSE Sensex ended at 40,626 levels, up 32 points, and the Nifty50 index settled at 11,934.5 levels, up 3.5 points, or 0.03 per cent. The volatility index, India VIX, dropped over 2 per cent to 20.63 levels. 

The trend among Nifty sectoral indices was largely negative. Barring Nifty IT and Nifty Metal, all the other indices ended in the red. 

Global markets

European shares fell on Tuesday as worries over the coronavirus pandemic overshadowed Chinese trade data that pointed to a buoyant recovery, while the US dollar edged away from a three-week low.

Chinese blue-chip shares also gained 0.3 per cent after dipping early in the day. The MSCI world equity index, which tracks shares in nearly 50 countries, fell 0.1 per cent.

In commodities, oil prices rebounded, drawing support from robust China data although concerns about waning demand elsewhere and supply resumptions in Norway, the Gulf of Mexico and Libya weighed.

(With inputs from Reuters)


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