Stock Market erased some of the previous session gains to end lower. Selling was seen in the IT, metal, oil & gas and FMCG names, while buying in realty, PSU bank, media restricted further fall.
The BSE Sensex closed 218.14 points higher to 81,224.75 on October 18 while NSE Nifty rose 104.20 points to 24,854.05.
GIFT Nifty, which stands as a new benchmark to the growth story of Indian equity market, saw open interest of 399,188 contracts worth $20.84 billion (about Rs 1,74,275 crore), said the National Stock Exchange (NSE).
Shares of Bajaj Housing Finance made a strong debut on stock markets on Monday.
Indian equity indices closed flat on Tuesday amid mixed global signals and the absence of significant new catalysts.
IT stocks gained in the trade after Accenture posted a better than expected quarterly result.
The interim order came on an appeal by Axis Bank against a direction by the NSE to release certain securities.
At 12.45 pm the heavyweight stock rose 2.77 per cent to Rs 1,702.10, its all-time high, on the BSE.
The S&P BSE Sensex briefly turned negative in afternoon session after tension between India-China escalated.
On the other hand, ONGC, Tech Mahindra, PowerGrid, Infosys and Kotak Bank were among the laggards.
