The BSE gauge Sensex recovered over 315 points to trade at 56,721 in opening deals on Tuesday, on emergence of buying mainly in IT and FMCG stocks, despite a lacklustre trend in global markets due to the Ukraine crisis.<\/p>\n\n\n\n
The 30-share Sensex opened on a positive note and firmed up its gains as the morning trade progressed. It was quoted at 56,721.45, showing a gain of 315.61 points or 0.56 per cent.<\/p>\n\n\n\n
Likewise, the NSE barometer Nifty was trading 128 points or 0.76 per cent higher at 16,970.80.<\/p>\n\n\n\n
The Sensex was mainly driven by HUL, Wipro, Tech Mahindra, Titan and Infosys with gains of up to 1.55 per cent.<\/p>\n\n\n\n
The BSE Sensex on Monday nosedived 1,747.08 points or 3 per cent to settle at 56,405.84. This was its biggest single-day drop since February 26, 2021.<\/p>\n\n\n\n
On similar lines, the NSE Nifty had plummeted 531.95 points or 3.06 per cent to 16,842.80 — closing below the key 17,000-level for the first time this year.<\/p>\n\n\n\n
Investors lost more than Rs 12.38 lakh crore in the previous two days.<\/p>\n\n\n\n
“Markets – stocks, bonds, crude, gold – have turned highly volatile on fears arising from the Russia-Ukraine tensions. The Indian stock market, being expensively valued, corrected the most among emerging markets with Sensex declining 3 per cent yesterday,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.<\/p>\n\n\n\n
Elsewhere in Asia, bourses were trading with losses on fears of a potential Russian invasion of Ukraine. The US administration has warned Russia of severe consequences in case its forces attack Ukraine.<\/p>\n\n\n\n
Global crude oil benchmark Brent Futures fell 0.61 per cent to USD 95.89 per barrel on Tuesday.<\/p>\n\n\n\n
Foreign institutional investors (FIIs) were net sellers in the capital market on Monday, as they offloaded shares worth Rs 4,253.70 crore, according to stock exchange data.<\/p>\n\n","protected":false},"excerpt":{"rendered":"
The BSE gauge Sensex recovered over 315 points to trade at 56,721 in opening deals on Tuesday, on emergence of buying mainly in IT and FMCG stocks, despite a lacklustre trend in global markets due to the Ukraine crisis. The 30-share Sensex opened on a positive note and firmed up its gains as the morning trade progressed. It was quoted at 56,721.45, showing a gain of 315.61 points or 0.56 per cent. Likewise, the NSE barometer Nifty was trading 128 points or 0.76 per cent higher at 16,970.80. The Sensex…<\/p>\n","protected":false},"author":1,"featured_media":31680,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,4],"tags":[],"_links":{"self":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/32632"}],"collection":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32632"}],"version-history":[{"count":1,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/32632\/revisions"}],"predecessor-version":[{"id":32633,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/32632\/revisions\/32633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/media\/31680"}],"wp:attachment":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}