Stock market today: Indian benchmark indices ended the highly volatile trading session on Tuesday marginally in the red amid fag-end buying.
BSE Sensex lost over 550 points in intraday trade to hit the day’s low of 84,219.39. It finally ended the session 151 points or 0.18% down at 84,628. Similarly, NSE barometer Nifty 50 tanked 150 points to its lowest intraday level of 25,810.05, but closed the day at 25,936 — a fall of 30 points or 0.11%.
While investors booked profits after a buying spree over the last few days, hopes of a US-China trade deal and the possibility of a Fed rate cut kept downside in check.
The broader markets outperformed, as the BSE Midcap index gained 0.12% and the BSE Smallcap pack added 0.06%.
10 key highlights from Indian stock market
Here are 10 key highlights from the stock market today:
Top Nifty 50 gainers
Twenty-one Nifty 50 stocks closed in the green today, with JSW Steel and Tata Steel rising the most. The metal stocks gained 2.82% each. SBI Life (up 1.62%), L&T (up 1.47%) and HDFC Life (up 1.32%) were among the other top gainers.
Top Nifty 50 losers
On the flip side, 29 stocks closed lower. Bajaj Finserv, with a 1.48% decline, was the worst performer. Trent, Coal India, Tech Mahindra and ONGC were other Nifty 50 stocks that ended deep in the red, losing over 1% each.