Markets snap losing streak, but Covid-19 fear weighs on sentiment

Markets found firmer ground on Tuesday after five days of heavy losses as investors made a cautious return to select energy, banking and infra counters amid mixed global cues. A spurt in Covid-19 cases and lack of fresh buying triggers continued to weigh on sentiment, traders said.

After gyrating 667.46 points during the day, the 30-share BSE Sensex ended just 7.09 points or 0.01 per cent higher at 49,751.41.

On similar lines, the broader NSE Nifty settled 32.10 points or 0.22 per cent up at 14,707.80. ONGC topped the Sensex gainers' chart, climbing 5.55 per cent, followed by IndusInd Bank, L&T, UltraTech