Stock Market: Sensex, Nifty End Flat Amid Volatility. Metal Gains; Asian Paints Slides 4%

The two key equity benchmarks, Sensex and Nifty, on Tuesday ended on a flat note after exhibiting volatility throughout the trading session. Investors remained jittery ahead of the US Fed’s monetary policy decision scheduled for Wednesday.

The S&P BSE Sensex, which touched a high of 66,559 in early deals, eventually ended the day with a marginal loss of 29 points at 66,356. On the other hand, the NSE Nifty50 hit a high of 19,723, and then slipped to a low of 17,616, and finally settled 8 points higher at 19,681.

On the 30-share Sensex platform, Asian Paints was the prime loser (3.95 per cent), followed by ITC, SBI, IndusInd Bank, Kotak Bank, Wipro, and others. On the flip side, JSW Steel, Tata Steel, NTPC, UltraCemco, Titan, Tata Motors emerged gainers.

In the broader markets, the BSE Midcap and Smallcap indices went up 0.3 per cent each.

Sectorwise, metals and power indices jumped 2 per cent each, while PSU Banks, capital, FMCG, and realty dip around 1 per cent.

In the previous session on Monday, the BSE Sensex ended with a loss of 299 points at 66,385, while the NSE Nifty50 eventually settled 73 points lower at 19,672.