The benchmark Sensex lost 29 points at 20,864 in a volatile trade on Tuesday. Opening on a flattish note at 20,863 against the previous close of 20,894, it touched a low of 20,810 and high of 20,948.

The NSE Nifty was down two points at 6,203 points.

YES Bank gained 4 per cent to Rs 372 after it posed 21 per cent increase in net profit at Rs 371 crore.

Reliance Industries was down one per cent at Rs 904 largely due to profit booking. The stock has gained over 8 per cent in last nine trading sessions.

Wipro gained 2 per cent ahead of its September quarter financial performance. The Bangalore-based IT company reported a 20 per cent jump in net profit at Rs 1,932 crore after the market hours.

Financial Technologies promoted MCX dipped 5 per cent to Rs 475 even as the board of directors met in Mumbai to find a replacement for Shreekant Javalgekar, Managing Director of the exchange.

Rakesh Goyal, Senior Vice-President, Bonanza Portfolio said despite the volatility, positive bias was seen with market breadth showing strength. Major gainers were TCS, Axis Bank and L&T, he said.

Other gainers were Suzlon Energy (10%), Essar Oil (7%), ABB (6%), JP Power (5%), JSW Energy (5%), Dabur India (5%), Pidilite Inds (5%), Mangalore Ref (5%), NHPC (4%), Torrent Power (4%) and Reliance Power (4%).

The major losers for the day include Karnataka Bank (-5), Wockhardt (-4%), Ramcocem (-4%), M&M Fin (-3%) and Dish TV India (-3%).

Foreign institutional investors bought shares worth a net Rs 1032 crore on Monday, as per provisional data from the stock exchanges.

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