Sensex, Nifty50 end flat in a wobbly trade; Tata Motors, Maruti surge 3%

CLOSING BELL
 

Domestic equity markets closed flat in Tuesday's trade, despite strong global sentiments, and healthy early Q3 results.
 

Key indices Nifty50 closed flat at 18,118 levels, whereas the S&P BSE Sensex closed at 60,978 levels, up 37-odd points or 0.06 per cent. Throughout the day, the benchmark index the S&P BSE Sensex, however, soared over 300 points to a high of 61,266 and low of 60,849, down 92 points, while Nifty50 hit day's high and low of 18,201, and 18,078, respectively.
 

Broader markets, too, turned tepid as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.3 per cent. Volatility gauge, India VIX, gained marginally to 0.2 per cent.
 

Sectorally, Nifty Auto index was the best sectoral performer as it gained 1.2 per cent. Nifty PSU Bank and Nifty Realty indices, on the contrary, was the worst sectoral performer as it tanked  up to 1.3 per cent.

Among individual stocks, Tata Motors traded higher for the third straight day as shares surged 4 per cent, amid heavy volumes ahead of Jaguar Land Rover (JLR) third quarter results. READ MORE

Besides, shares of Axis Bank slipped 2 per cent, on profit booking, after the bank reported 62 per cent year-on-year (YoY) jump in standalone net profit to Rs 5,853 crore for Q3FY23. READ MORE
 

GLOBAL CHECK
 

After a solid start to this week, stock futures tied to Wall Street turned negative in Tuesday's trade. Dow Jones Futures, the S&P 500 Futures, and NASDAQ Futures slipped up to 0.1 per cent.
 

European markets, meanwhile, reflected mixed trends this noon with CAC 40 index and Stoxx 600 hovering in the positive zone.