<p>Equity benchmarks Sensex and Nifty ended marginally higher on Tuesday, tracking high volatility amid concerns over the economic impact of the second wave of coronavirus infections in the country.</p>.<p>After swinging around 646 points during the day, the 30-share BSE Sensex settled 42.07 points or 0.09 per cent higher at 49,201.39.</p>.<p>The broader NSE Nifty advanced 45.70 points or 0.31 per cent to 14,683.50.</p>.<p>Asian Paints was the top gainer in the Sensex pack, rising 4 per cent, followed by Sun Pharma, HUL, HDFC, Dr Reddy’s, Nestle India and M&M. On the other hand, PowerGrid, Axis Bank, IndusInd Bank, UltraTech Cement and ICICI Bank were among the laggards.</p>.<p>Domestic equities were quite volatile and gave up most initial gains as a sharp spike in Covid-19 cases across the country and resultant mobility restrictions continued to weigh on investors’ sentiments, said Binod Modi, Head - Strategy at Reliance Securities. The sharp spike in Covid-19 cases and localised lockdowns have dented investors’ sentiments, he noted, adding that domestic markets are expected to remain volatile in the near term until the coronavirus spread is controlled.</p>.<p>Elsewhere in Asia, bourses in Shanghai and Tokyo ended in the red, while Seoul was in the positive terrain. Stock exchanges in Europe were trading with gains in mid-session deals. Meanwhile, the global oil benchmark Brent crude was trading 2.43 per cent higher at $63.66 per barrel.</p>
<p>Equity benchmarks Sensex and Nifty ended marginally higher on Tuesday, tracking high volatility amid concerns over the economic impact of the second wave of coronavirus infections in the country.</p>.<p>After swinging around 646 points during the day, the 30-share BSE Sensex settled 42.07 points or 0.09 per cent higher at 49,201.39.</p>.<p>The broader NSE Nifty advanced 45.70 points or 0.31 per cent to 14,683.50.</p>.<p>Asian Paints was the top gainer in the Sensex pack, rising 4 per cent, followed by Sun Pharma, HUL, HDFC, Dr Reddy’s, Nestle India and M&M. On the other hand, PowerGrid, Axis Bank, IndusInd Bank, UltraTech Cement and ICICI Bank were among the laggards.</p>.<p>Domestic equities were quite volatile and gave up most initial gains as a sharp spike in Covid-19 cases across the country and resultant mobility restrictions continued to weigh on investors’ sentiments, said Binod Modi, Head - Strategy at Reliance Securities. The sharp spike in Covid-19 cases and localised lockdowns have dented investors’ sentiments, he noted, adding that domestic markets are expected to remain volatile in the near term until the coronavirus spread is controlled.</p>.<p>Elsewhere in Asia, bourses in Shanghai and Tokyo ended in the red, while Seoul was in the positive terrain. Stock exchanges in Europe were trading with gains in mid-session deals. Meanwhile, the global oil benchmark Brent crude was trading 2.43 per cent higher at $63.66 per barrel.</p>