The 30-share BSE Sensex tanked 629 points or 1.09 per cent to 57,283 in early trade, while the broader NSE Nifty moved 176 points or 1.01 per cent down to trade at 17,217.
The 30-share BSE Sensex rose 405 points or 0.71 per cent to 57,443 in early trade, while the broader NSE Nifty moved 115 points or 0.68 per cent up to trade at 17,254.
As the global economy enters the current year, 2022, it tends to be on a weaker position than expected. Omicron, the new COVID variant has catered to mobility restrictions which has led to hike in energy supplies world wide soaring the inflation rates has made the international markets go topsy Turvey.
S&P BSE fell 703.59 points or 1.23% to settle at 56,463 while the NSE Nifty 50 index closed 215.00 points or 1.25% to conclude at 16,958.65 after rising to 0.5% each in the early trade.