Mumbai- Sensex and Nifty rose in early trade on Tuesday amid the Federal Reserve's interest rate cut and the possibility of a US-China trade deal. In early trade, the BSE Sensex rose 125.93 points to 84,904.77, and the NSE Nifty rose 39.8 points to 26,005.85. After some time, the market saw a downward trend and the market closed lower. However, in the October series, investors saw good returns from the market this month. In the October series, the Sensex returned 5.5%, Nifty 5.4% and Bank Nifty 6%.
Later, a decline was seen. The BSE Sensex closed 150.68 points, or 0.18%, lower at 84,628.16. Nine Sensex stocks advanced and 21 declined.
The NSE Nifty fell 29.85 points, or 0.11%, to 25,936.20. The Bank Nifty closed 100 points higher at 58,214. In the currency market, the rupee weakened by 2 paise to close at 88.27/$.
Among the 30 Sensex companies, State Bank of India, Tata Steel, Larsen & Toubro, Adani Ports, Titan and Maruti were the top gainers. However, ICICI Bank, Bajaj Finance, Bajaj Finserv and Asian Paints were in the red.