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Indian markets ended the day flat, a day after the RBI introduced measures to stabilise the currency.
The NSE Nifty closed at 5,121, up 0.1 per cent from its previous close. The BSE Sensex ended the day at 16,907, up 0.1 per cent from its previous close.
Market analysts said that this week markets could see a lot of volatility ahead of the F&O expiry on Thursday.
“It was a choppy session for the markets ahead of the derivative expiry on Thursday. Market traded in the positive zone during most of the afternoon session. Most of the sector indices closed up in green. As the market nears expiry week, cautious approach is recommended since volatility is expected to be high,” said Ms Shanu Goel, Senior Research Analyst, Bonanza Portfolio.
On the BSE, oil & gas, power and PSU sector indices were up around one per cent.
Among the Sensex stocks, the top five gainers were GAIL (up 2.8 per cent), Tata Power (1.7 per cent), ONGC (1.5 per cent), TCS (1.4 per cent) and Mahindra & Mahindra (1.4 per cent).
The top five laggards were HUL (down 2 per cent), Sterlite Industries (1.2 per cent), ITC (1.1 per cent), Infosys (1.05 per cent) and Tata Steel (1.00 per cent).
At 4.45 p.m. the rupee was trading at 56.9. The domestic currency had touched a lifetime low of Rs 57.92 during intra-day on Monday.
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