Sensex and Nifty surge, but volatility threatens the market

The stock market opened with a positive outlook on Tuesday. The BSE Sensex gained 192.03 points, while the NSE Nifty rose by 44.65 points in early trade.

However, volatility soon set in. Foreign funds continued to flow out, and Asian markets displayed a mixed trend. This caused the benchmark indices to fluctuate between highs and lows throughout the day. By mid-day, the BSE Sensex had fallen by 27.66 points to 78,538.95, while the Nifty traded 7 points higher at 23,760.45.

The volatile market was influenced by the uncertain global economic situation and ongoing geopolitical tensions. These factors led to foreign investors pulling out their investments from Indian markets, increasing market fluctuations. Additionally, mixed trends from Asian markets added to the uncertainty, creating a challenging day for investors and traders.