In early trade, the domestic equity benchmarks reversed gains and traded with losses. Nifty fell below 16,000 points. For the fourth session in a row, FMCG stocks have fallen. Amid heightened volatility and jittery investor sentiments, Asian markets stagnated.

After a tumultuous session on Wednesday, the domestic equity indices ended near the day's low. IT, PSU banks, metals, and real estate companies concluded the day with big losses but private banks & financials managed to finish the day in the green. On Wednesday, European and Asian stocks rose across the board.

The domestic market opened in the green with a small gain in the volatile market. Banks and financial services opened about a per cent higher, followed by minor gains in pharma & FMCG. On the international front, the US stock market saw yet another round of volatility. All the Asian indices trade in the green, indicating mixed investor optimism. The top three equities are Shanghai SE (+0.58 per cent), Hang Seng (+0.58 per cent), and Nikkei (+0.11 per cent).  

BSE Sensex closed with a loss today, falling by 236 points to close at 54,052 levels.

On Tuesday, Indian markets opened in the red amid considerable volatility, owing to mixed global cues. Nifty Bank, auto, and public sector undertakings gained ground. On Sensex, FMCG was down by 0.89 per cent, IT plunged 1.29 per cent and healthcare slipped 0.83 per cent while all other indices were somewhat higher. 

On Monday, the domestic equity benchmarks closed near the flat line, with a slight negative tilt. While metal equities were heavily selling, IT and auto companies ended the day in the green. Inflation concerns, impending expectations of fast interest rate rises, and a weakening global economic outlook all weighed on investors' minds. 

During Monday's opening bell, Indian markets were flat despite strong volatility, mirroring mixed global trends. On the domestic front, the auto index climbed 1 per cent to boost the broader markets, while metal stocks fell 8 per cent in early trading. The market's performance comes after the government announced an excise duty drop of Rs 8 per litre on petrol and Rs 6 per litre on diesel. 

S&P BSE Sensex soared 270 points to 54,569.18 at 10.30 am. S&P BSE Midcap index also scaled up by 126 points and trades at 22,827.49 levels. 

In April 2022, India's wholesale pricing index (WPI) inflation rate was 15.08 per cent, up from 10.74 per cent in April 2021.

Sensex moved ahead of the 53,500 barrier early in the day while Nifty 50 broke the resistance level of 16,000. The volatility is higher as investors remain cautious, owing to inflation concerns, a dull economic outlook, a rise in Brent crude oil prices, and the Chinese lockdown.