Markets pare opening gains; quote lower in volatile trade


MUMBAI: Benchmark stock indexes gave up opening gains, falling in early trade on Tuesday, dragged down by major index twins HDFC.
In volatile trading, the 30-stock BSE Sensex fell 146.79 points to 62,198.92 even after starting trading on a firm note. The NSE Nifty fell 32.15 points to 18,366.70.
Among the Sensex firms, the biggest laggards were HDFC, HDFC Bank, Maruti, IndusInd Bank, Larsen & Toubro, Mahindra & Mahindra, Bharti Airtel and ITC.
The biggest winners included Bajaj Finance, Infosys, Bajaj Finserv, Wipro, Asian Paints and Tata Consultancy Services.
In Asia, Seoul, Tokyo, Shanghai and Hong Kong markets acted in the green zone.
The US market closed with gains on Monday.
Meanwhile, global oil benchmark Brent rose 0.53 percent to $75.63 a barrel.
Foreign institutional investors (FIIs) were buyers on Monday, buying Rs 1,685.29 crore in shares, according to stock market data.
The Sensex was up 317.81 points, or 0.51 percent, on Monday to close at 62,345.71. The broader NSE Nifty gained 84.05 points, or 0.46 percent, to close at 18,398.85.

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