Markets ended marginally higher on Tuesday, amid a volatile trading session, led by index heavyweight Reliance Industries and private banking major ICICI Bank.
The 30-share Sensex provisionally ended up 59 points at 17,443 and the 50-share Nifty ended up 20 points at 5,274.
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(Updated at 14:59 hrs)
Range bound markets have turned are trading marginally higher in the late noon deals on the back of buying visible in the index heavyweight Reliance Industries. The Sensex is up 24 points at 17,409 and the 50-share Nifty has advanced 6 points to 5,260 levels.
Meanwhile, the Asian markets ended in the red today. The Hang Seng slipped 129 points to close at 19,430, Shanghai Composite slipped 15 points to 2,043 and the Nikkei ended weaker by 8 points at 8,775.
The European markets were also trading in the red with CAC, DAX and FTSE slipping 0.3-0.7% each.
Back home, Gail India is the top Sensex gainer, up 1.7% at Rs 356. Reliance Industries, Tata Steel, Tata Motors, SBI, Jindal Steel, HUL, BHEL, Dr Reddy's Labs and L&T have also advanced 0.6-1.6% each.
On the other hand, Cipla, HDFC, Tata Power, Bajaj Auto, Sun Pharma, OMGC, Infosys and ITC are among the losers from the heavyweight space.
BSE realty, oil & gas, consumer durables, power, metal and capital goods indices are trading in the green, up 0.4-1.5% each. While, the BSE IT index is the only sectoral loser.
Among the individual stocks, Kingfisher Airlines gained around 6% to Rs 10 after the airlines Chairman Vijay Mallya gave guarantees worth Rs 5,904 crore for the carrier's loans and other liabilities in 2011-12, but did not get any commission for the same because of lenders' opposition.
Textile major S Kumars Nationwide dropped 5% to Rs 18.30 after the Serious Fraud Investigation Office (SFIO) received complaints about alleged violation of corporate governance and other norms. Currently the matter is examined by the Registrar of Companies (RoC), Ministry of Corporate Affairs has said.
Courier and logistics company Blue Dart Express slipped nearly 13% to Rs 1,672 after an announcement that its foreign promoter plans to cut stake in the company from the current 81% to comply with the SEBI norms on minimum public share holding requirements.
The broader markets are trading flat with BSE mid-cap and small-cap indices up 0.2-0.4% each.
