 "Markets closed today on account of Ram Navami")
On Monday, markets ended flat amid a volatile trading session on Monday after elections for the 16th Lok Sabha kicked off today. Meanwhile, Sun Pharma and Ranbaxy Labs hogged the limelight after Sun Pharma announced the acquisition of Ranbaxy Labs.
The 30-share Sensex ended down 16 points at 22,343 after hitting an intra-day high/low of 22,482/22,197 and the 50-share Nifty ended flat at 6,695 after touching an intra-day high/low of 6,725/6,650.
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NSE's volatility index, or the domestic equivalent of the VIX fear gauge, surged to 25.5, in intra-day trade on Monday to mark its highest in four months on rising fears of profit-booking after a recent rally as the world's largest democracy goes to polls. The India VIX ended up 9.7% at 24.89.
The Indian rupee on Monday closed marginally lower at 60.11 against the dollar compared to its previous close of Rs 60.08 on Friday.
Asian stocks were trading mixed on Tuesday tracking overnight losses on Wall Street amid selling pressure in technology stocks. Further, the yen was trading firm ahead of Bank of Japan's policy meet today. The Nikkei extended losses and was down 1.1% while Hong Kong's Hang Seng and Shanghai Composite were up 0.7% each while Straits Times was trading with marginal gains.
Major US share indices ended over 1% down on Monday amid selling pressure in technology stocks. The Dow ended down 1% at 16,245.87, the S&P 500 ended 1.1% lower at 1,845.04 and the Nasdaq ended down 1.2% at 4,079.75.