The day's trade in domestic stock markets started out in the red. On the opening bell, the S&P BSE Sensex was down 700 points, threatening to fall below the 48,000 mark. On opening, the 50-stock NSE Nifty index was below 14,500.
Minutes into the exchange, however, both indices were recouping their losses. The top Sensex drags were Titan, State Bank of India, and the HDFC twins. The top gainers were IndusInd Bank, Bajaj Auto, and M&M. The stock of Reliance Industries was also down. The VIX in India hit a new high of 24.