Share Market: The stock market was quite volatile on Tuesday and the BSE Sensex was up by a marginal 14 points. However, the Nifty reached its all-time high of 25,017 points. The market remained stable due to profit booking amid increasing tensions in West Asia and Ukraine. The 30-share Sensex rose for the sixth consecutive trading session and closed at 81,711.76 points with a gain of 13.65 points or 0.02 percent. During the trading, it went up to a high of 81,919.11 points and down to 81,600.51 points.

These stocks rose

The National Stock Exchange's Nifty also closed at 25,017.75 points with a nominal gain of 7.15 points or 0.03 percent. This is the ninth consecutive session when the Nifty has risen. Among the Sensex companies, Bajaj Finserv, Maruti, Larsen & Toubro, Bajaj Finance, Infosys, Axis Bank, and ICICI Bank were the major gainers. On the other hand, the stocks that remained in loss include Hindustan Unilever, JSW Steel, Titan, NTPC, and Tata Motors.

Challenges and positive attitude

VK Vijayakumar, Chief Investment Strategist, at Geojit Financial Services, said that there are both challenges and positive trends in the market. The challenges are due to the increasing tension in West Asia and Ukraine. The price of Brent crude has risen to above $81. On the other hand, the positive trend is due to the expectation of the US central bank Federal Reserve cutting the policy rate. This will also have a positive impact on other central banks including the Reserve Bank of India.

According to stock market data, foreign institutional investors bought shares worth Rs 483.36 crore on Monday. The BSE Sensex rose 611.90 points on Monday while the NSE Nifty gained 187.45 points.