Watch | Markets@Moneycontrol: Volatility grips D-Street, find out why

Volatility gripped D-Street on Tuesday as benchmark indices ended the session in the red after staging a sharp intraday recovery.

The Sensex closed down 26.87 points at 31599.76, while the Nifty was down 1 points at 9871.5. About 1,524 shares advanced, 997 shares declined, and 166 shares were unchanged.

ONGC, Tata Steel and Vedanta were the top gainers on both indices, while HUL, Dr Reddy’s, Bharti Infratel and BPCL lost the most.

Top headlines:

India's capital markets regulator is likely to allow mutual funds to trade in commodity derivatives and a decision is expected within six months, a senior official said.

The government today set up a high-level 5G committee with a mandate to lay down a road map for rollout of the technology by 2020.

ADB lowers India’s FY18 growth forecast to 7%