Evening Walk Down D Street, Feb 26, '19 | Chat with Chandan Taparia of Motilal Oswal

It was not a terrible Tuesday but definitely, a volatile one as Nifty opened sharply lower after news of airstrike by Indian Air Force on Balakot-based terror camps, but managed to recoup losses towards the close of the trade.

The S&P BSE Sensex failed to hold on to 36,000 but bounced back more than 250 points after hitting a low of 35,714 in intraday trade on Tuesday. The Nifty50 also managed to reclaim 10,800 towards the close of the trade after hitting a low of 10,729.

The bounce back from the lows suggests that bulls have not given up, and even on technical charts Nifty formed a Bullish Candle as it closed higher than the opening level.

The broader markets BSE Midcap and Smallcap also ended with losses of 0.2 percent and 0.5 percent respectively.