- Homes in top-10 cities cut expenses sharply as fuel prices continue to rise
- Govt may raise over Rs 10,000 cr via Bharat Bond ETF by December
- Mcap of 5 of 10 most valued firms down by Rs 1.42 trn; HUL and RIL most hit
- Bond yield rise may put pressure on stock valuations, rally in markets
- GDR manipulation: Sebi passes directions against Southern Ispat and Energy
- Oil cools off highs as leaders' comments reignite Covid-19 fears
- Wall Street down on taper talk, earnings concerns; Nasdaq falls 121 points
- BS BFSI Insight Summit: Time for crypto regulation, say panelists
- Sebi imposes Rs 33 lakh fine on eight entities for fraudulent trading
- Sebi streamlines grievance redressal system, to benefit clients
MARKET WRAP: Indices end flat, Sensex settles 32 pts higher; IT stocks gain
All that happened in the markets today
The Indian markets 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.
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)