Russia-Ukraine Tension: The growing tension between Russia and Ukraine has created a stir in the Indian stock market. The Indian market rose on Tuesday, but by the end of the day, the Sensex lost its gains due to profit booking. During intra-day trading, the Sensex saw a rise of up to 1,100 points, but later it closed 239 points higher at 77,578.38.

Ukraine's missile attack and its impact on the market

This reversal happened when the news came that Ukraine carried out ATACMS missile attacks on the Russian border area. After this incident, Russia warned of facing serious consequences. This news had a direct impact on the market and investors started booking profits. Along with this, volatility increased in the market, due to which fluctuations were seen in Sensex and Nifty.

Buying in media and some sectors

The media sector saw the most buying, which led to a 2.45% rise in the Nifty Media Index. Apart from this, light buying was also seen in sectors like auto, IT, pharma, FMCG, realty, and private banks. However, this buying in the market could not completely cover the selling pressure.

Reliance, SBI, and other major stocks fall.

During this period, major stocks like Reliance Industries, SBI, Tata Steel, and Maruti declined. At the same time, stocks like M&M, HDFC Bank, Tata Motors, and Infosys were among the top gainers.

India VIX indicates volatility.

India's VIX rose 3.26% to 15.66, indicating volatility in the market. This reflects the anxiety and volatility in the market, which has increased due to the Russia-Ukraine crisis.

Role of foreign and domestic investors

Foreign institutional investors (FIIs) sold shares worth Rs 1,403 crore on November 18, while domestic institutional investors bought shares worth Rs 2,330 crore. This shows that domestic investors showed more confidence in the market, while foreign investors remained cautious.

It is worth noting that the impact of Russia-Ukraine tension is clearly visible on the Indian stock market. Due to the increasing geopolitical crisis, investors have become cautious, and the market continues to fluctuate. Experts believe that due to this tension, instability may persist in the market, which may lead to further profit booking in the next few days.