Mumbai Despite losing the majority of its early gains due to erratic trading, the Indian stock market managed to remain positive for the sixth consecutive session on Tuesday.

The Sensex finished at 78,017.19, up 32.81 points or 0.04 percent, after reaching an intra-day high of 78,741.69.

Likewise, the Nifty gained only 10.30 points, or 0.04 percent, to close almost level at 23,668.65. The Nifty fluctuated between 23,869.60 and 23,627.55 throughout the session.

The bulk of equities were under selling pressure, and market sentiment remained negative despite the indexes’ modest increases.

1,019 stocks rose, 2,868 fell, and 107 stayed the same out of all traded shares.

The only industry to see growth was IT, whereas other indexes like as auto, capital goods, consumer durables, metal, oil and gas, power, PSU banks, real estate, and telecom all had declines of 1% to 1.5%.

UltraTech Cement, Trent, Bajaj Finserv, Infosys, and Grasim Industries were among the top Nifty gainers.

However, some of the biggest losers were Coal India, Dr. Reddy’s Labs, and IndusInd Bank.

The BSE Smallcap index fell 1.6% while the BSE Midcap index down 1%, reflecting the dip in the overall market.

All sectoral indexes suffered decreases, with the exception of the Nifty IT index, which ended the day in the green. The largest losses by sector reached 2.16 percent.

According to market analysts, the turbulent session was caused by profit booking and cautious investor attitude, but future economic data and global market patterns will continue to affect market movement in the days ahead.

The Nifty closed over 23,600, while the Sensex surged over 1,000 points, extending the market’s winning run to a seventh consecutive session, according to Vikram Kasat, Head-Advisory, PL Capital-Prabhudas Lilladher.

“Focus now shifts to the upcoming US GDP growth report for the fourth quarter, scheduled for release on March 27, along with any fresh updates on trade tariffs,” he said.