BSE Midcap and smallcap indices rose 3% each. India VIX, the measure of volatility in the market, ended the session 19% lower.
India’s frontline equity indices on Tuesday surged in a massive bull rally in the early trade, as positive global cues improved investors' sentiment.
Benchmark indices rose nearly 2% on Friday amid buying across the sectors after US President Donald Trump put a 90-day pause on reciprocal tariffs.
Stock Market staged a strong rebound, snapping a three-day losing streak with Nifty 50 closing above 22,500 as across-the-board buying revived sentiment, in-line with the rally across Asian markets and Europe.
At close, the Sensex was down 2,226.79 points or 2.95% at 73,137.90, and the Nifty was down 742.85 points or 3.24% at 22,161.60.
Sensex opened lower at 75,031.79, and climbed in the afternoon session to touch its all-time high of 76,795.31. Further at close, it was at 76,693.36, up 1,618.85 points, or 2.16%.
Sensex opened higher at 75,078.70, and closed at 75,074.51, up 692.27 points, or 0.93%.
BSE Midcap and smallcap indices were also down 4% each. All the sectoral indices are trading in the red with PSU Bank down 9%.
At close, the Sensex settled 76 points, or 0.10%, higher at 73,961.31 while the Nifty 50 closed 42 points, or 0.19%, up at 22,530.70.
This was the fifth day of decline for the benchmarks when Nifty50 was down nearly 1 per cent or 216 points at 22,488 while Sensex dropped 0.8 per cent or 617 points to 73,885.
