It was a highly volatile trade, with the markets witnessing huge swings during the day. Investors reacted to the developments in Libya. The markets showed sharp recovery in afternoon trade after the news that Libyan leader Muammar Gaddafi accepted peace plan to end crisis in North African country. But again there were reports from agencies that fresh air strike has hit Brega oil terminal in East Libya, which dragged markets lower. So there was no confirmation on any news from Libya side. However, another bounce back in the last hour of trade led the markets to close with modest gains.The Sensex rose 43 points to close at 18490 and the Nifty settled at 5536, up by 14 points.
Indian shares are likely to witness a flat to positive start on Wednesday morning as the global markets look mixed with SGX Nifty trading 6 points higher @9979.capitalstars
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