Indian equity markets initially surged, with the BSE Sensex climbing over 300 points and the Nifty advancing 92.8 points. However, the optimism was short-lived as markets turned volatile due to concerns over foreign fund outflows and escalating tensions in the Middle East. Investor caution prevailed ahead of the US Federal Reserve’s interest rate decision. Tata Motors, Bajaj Finserv, and Asian Paints were among the major gainers, while Bharti Airtel, UltraTech Cement, and Infosys lagged. The BSE benchmark later traded flat at 64,068.15, and the Nifty at 19,133.05, reflecting a cautious sentiment amidst global uncertainties and foreign institutional investors offloading equities.