Markets end flat but on positive note
DSIJ Intelligence / 02 May 2017
Indian capital markets started the week on a flat but positive note. Nifty managed to sustain above 9300.
Indian capital markets started the week on a flat but positive note. Nifty managed to sustain above 9300.
At the closing bell, Nifty ended at 9313 with a gain of 9 points and BSE Sensex closed at 29921, a marginal increase of 2 points. On the NSE, 24 shares closed in the green, while 27 shares ended the day in the red.
All indices closed in the green, except Healthcare, FMCG and Metals. Auto surged 121 points. Consumer Durables and Oil & Gas increased more than 150 points each. Healthcare and Capital Goods declined almost 100 points each. Metals reduced 64 points. Mid-cap index increased 56 points and Small-cap also rose 48 points.
Asian markets traded mixed on Tuesday. Shanghai decreased 0.35 per cent, Hang Seng increased 0.33 per cent. Nikkei rose 0.7 per cent. European markets were trading on positive sentiments.
Derivative Analysis
Nifty Future closed in the positive at 9341. Going ahead, 9395/9274 will be the immediate support levels.
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