By IANS
Mumbai : Indian stock markets ended flat Tuesday amid volatility in the wake of continued domestic selling pressure.
The global markets, however, were in a more cheerful mood, barring Taiwan, which plummeted 120.69 points.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,812.63 points and notched a high of 16,966.72, fell by 22.90 points at close to 16,608.01 points.
The broader 50-share S&P CNX Nifty on the National Stock Exchange (NSE) opened at 4,877.85 points and closed at 4,838.25 points, after touching a high of 4,949.60 points during the day.
The BSE Midcap index, which closed at 7,058.38 points, fell by 161.45 points or 2.24 percent. The BSE Smallcap index, which closed at 9,173.68 points, slid by 266.42 or 2.82 percent.
The market breadth was negative with 556 scrips advancing, 2,411 scrips declining, and 48 shares remaining unchanged.
The biggest losers of the day were MRF Tyres, Hind Motors and Mahindra and Mahindra.
The day’s top gainers included ICICI Bank, State Bank of India and Axis Bank.
In the IT sector, Patni Computers, Tata Consultancy Services and Financial Tech were the top losers.
Similarly, Essar Oil, RNRL and IOC were the top losers in the oil and gas sector.
Reliance Power, which opened at Rs.379.00, swung to a high of Rs.396.40 before falling to a low Rs.339.10. It finally closed at Rs.354.45, down by Rs.17.45.