Markets Sustain Rally and Ends the Day in Green

The Sensex closed in green with 138 points gain or 19346 amid higher volatility. TheNifty oscillated around 5795.55 for second half of the day after touching intraday high of 5838. The volatility prevailed in the first half of the session wherein Sensex gained nearly 275 points and lost 175 points from days high in first one hour of trade. Seemed like the big guns took away all the blessing in the market today as the madcap and the small cap index tried unsuccessfully to make it to the green at the closing bell. The global indices closed mixed today, while the Hang Seng and the TSEC closed in the positive by 37.69 pts and 41.30 pts respectively, the KOSPI and Straits Times closed in the red by 3.61 pts and 18.16 pts respectively. Going forward, we feel the market may continue to open on a positive note again tomorrow as positive news continues to flow keeping the economic growth persistent.