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.
Markets anticipate a rise in the Consumer Price Index (CPI), the retail inflation data in the month of January, analysts said.
The Nifty traded at 10,896.90 during the morning trade session, up 8.10 points and 0.07 per cent.
Market participants, including brokerages, gave a big thumbs up to the interim budget presented by the BJP-led NDA government regardless of rise in the fiscal deficit target for 2018-19 from 3.3 per cent to 3.4 per cent of the GDP
As widely expected, the finance minister announced the Pradhan Mantri Kisan Samman Nidhi for small and marginal farmers, providing Rs 6,000 per year to be transferred directly to farmers' bank accounts.
The Nifty of the National Stock Exchange (NSE) opened at 10,949.80 after closing at 10,961.85 on Monday.
