Indian markets end in green

Indian capital markets witnessed oscillation but remained positive on the first day of the week. The benchmark indices was able to surge almost half a per cent in an intra-day basis. But, Nifty was not able to hold levels of 8,400.

The Bombay Stock Exchange (BSE) Sensex and Nifty indices closed about 0.31 per cent and 0.50 per cent up. At closing bell, the Nifty rose 42 points at 8,391 and the BSE Sensex increased 82 points to close at 27,117. On the other hand, 34 shares of National Stock Exchange (NSE) closed in green, while 16 shares ended the day in red and one as unchanged.

All sectoral indices closed in green except healthcare and capital goods. Bankex remained flat and positive. Metals increased more than 290 points and auto index rose 147 points. Oil and Gas increased 143 points. While consumer durables and Fast-moving consumer goods (FMCG) rose 65 points and 84 points, mid cap and small cap increased 51 and 42 points respectively.

On Monday, the Asian markets closed on mixed bias. Shanghai jumped 0.38 per cent and Hang Seng was increased by 0.06 per cent. However, Nikkei reduced 1.29 per cent. While KOSPI increased by 0.02 per cent, Taiwan's TAIEX increased by 0.99 per cent.

European markets were also trading in weak sentiment.

Derivative Analysis:

Nifty future closed on positive note and closed at 8,410. Going ahead 8,466/8,384 will be the immediate support levels.