Indian Stock markets witnessed volatile session on Tuesday after historic rise on Monday. Stock markets opened lower while all major technical experts were expecting stock markets to open nearly 2-3% higher. Good trading volumes were seen in all categories of stocks.

The benchmark indices closed the session on a flat note amid huge volatility. The Sensex closed 18 points higher at 14,302, after trading in the range of 14930-13834. While the Nifty ended down just 5 points to settle at 4,318. Among the broader indices, BSE Midcap Index was up 3.6% or 153 points and Smallcap Index rose 2.52% or 117 points. Infrastructure, reality, banking and metal stocks witnessed huge buying interest while technology, pharma oil & gas and FMCG stocks were under selling pressure.

The markets reported a highest ever turnover of Rs 157877.29 cr., previous highest turnover was seen on October 18, 2007. The Indian rupee was trading at 5-month high at 47.48 a dollar. Crude was trading at USD 60.5 a barrel.

Movers & Shakers

The BSE realty index jumped 12.8 % on heavy buying in HDIL, and DLF. The stocks gained over 19 % each.

The BSE banking index rose 6.8 %. SBI up 11%, ICICI Bank up 7% and Yes Bank were up 9.5%.

The BSE capital goods index soared 6.3 %. Abb up 10%, LT up 9% and Bhel were up 8%.

The BSE Metal Index rose 3% or 275 points. NALCO surged 13.8% and SAIL gained 11%. Jindal Steel,

Tata Steel and Sterlite were up 3-9%.

IT stocks were under huge selling pressure. The BSE IT index slumped 10 % on a strengthening rupee. Infosys Techno was the biggest loser, down 11.6 %. Wipro and TCS were the other down over 8 % each.

In the Sensex pack DLF led the gainers. The counter zoomed 19.4 % to Rs 384. SBI, RCom, Grasim and M&M were up more than 9 % each.