New Delhi, Feb. 26 -- The Indian stock market witnessed bouts of volatility in intraday trade on Thursday, February 26, amid mixed global cues. The Sensex rose by over 300 points during the morning session but failed to hold on to those gains, dropping nearly 150 points in intraday trade. The Nifty 50 touched an intraday high and low of 25,573 and 25,447, respectively.

The domestic market is not able to sustain gains and has been witnessing "sell-on-rise" and "buy-on-dips" trends lately. The positive factor for the market is the return of foreign institutional investors (FIIs) after seven months. FIIs have bought Indian stocks worth Rs.4,361 crore in the cash segment in February so far.

Meanwhile, Vodafone Idea, IDFC First Bank, Tata Si...