Domestic market sentiment took a U-turn on Tuesday, with both the Sensex and the Nifty exhibiting significant volatility throughout the session and the mid and smallcap spaces witnessing a strong wave of selloffs.
Investors awaited India’s inflation data for August and industrial production data for July, scheduled to be revealed later today.
Global cues were also weak as investors shifted focus to US inflation data on Wednesday and monetary policy meetings of the European Central Bank on Thursday and of the US Fed next Wednesday.
European markets were mixed when the Sensex closed. Among the major ones, the UK’s FTSE was up about half a per cent but the CAC 40 index of France and DAX of Germany were down up to half a per cent.
Sensex closed at 67,221.13, up 94 points, or 0.14 per cent while the Nifty closed the day at 19,993.20, down 3 points, or 0.02 per cent.
(More to come)
Download The Mint News App to get Daily Market Updates.
Updated: 12 Sep 2023, 03:47 PM IST