Sensex Today: Indian equity markets stayed range-bound on Tuesday, giving up most of their gains in the fag-end. The S&P BSE Sensex settled the day at 73,745, up 96 points or 0.13 per cent, while the Nifty50 closed at 22,368, up 32 points or 0.14 per cent.Bharti Airtel, Tata Motors, HCL Tech, Maruti Suzuki, Nestle India, NTPC, HUL, Asian Paints, and Titan Company supported the benchmark indices today as they added between 1 per cent and 3.6 per cent.Sun Pharma, RIL, HDFC Bank, M&M, L&T, JSW Steel, and Bajaj Finance, on the other hand, capped further gains.In the broader markets, the BSE MidCap index advanced 0.52 per cent, while the BSE Smallcap index gained 1 per cent. In the intraday trade, the index came close to its record high level of 46,821.39 hit on February 7.Among sectors, the Nifty Realty index zoomed 2.6 per cent, followed by the Nifty FMCG index (up 0.76 per cent). On the downside, the Nifty Pharma index slipped 0.96 per cent.Expert Take: Dr. V K Vijayakumar, Geojit FinancialThe undercurrent of bullishness of this market has been reinforced by the market action during the last two trading days which saw Nifty spiking by 486 points from Friday’s lows. External factors like the high bond yields in the US (the 10-year continues above 4.6%) and geopolitical concerns in the Middle East are not impacting the underlying bullish trend. FPI selling triggered by high US bond yields is neutralised by aggressive DII buying, putting the FPIs on the back foot.Global CuesGlobally, all but the Shanghai Composite were trading in the positive zone. The Hang Seng index gained 0.8 per cent, followed by 0.5 per cent rise in ASX200. Nikkei, and Kospi held marginal gains of 0.15 per cent each.Overnight, the S&P 500 and Nasdaq Composite gained 0.87 per cent and 1.11 per cent, respectively, while the Dow Jones Industrial Average climbed 0.67 per cent.Aparna DebAparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious abo…Read More



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