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.
Forex traders said the American currency lost some ground against major currencies overseas, while on the domestic front, the equity market staged a recovery and propped up the rupee.
The 30-share index, however, pared some early gains and was trading 103.90 points, or 0.29 per cent, higher at 35,617.61. Similarly, the NSE Nifty rose 37.15 points,or 0.35 per cent, to 10,709.40.
Forex traders said the dollar strengthening against major global currencies overseas and fall in domestic equities dragged down the local unit, while falling crude oil prices capped rupee's losses
The S&P BSE Sensex settled 269.44 points or 0.75 per cent higher at 36,076.72 after touching an intra-day high of 36,194.78 and a low of 35,911.99.
The US dollar fell against major global currencies as investors turned their focus to safe-haven currencies amid renewed worries over US-China trade tensions and global economic growth.
