Markets end on a flat note

DSIJ Intelligence / 09 May 2017

Markets end on a flat note

Indian capital markets traded flat to positive on Tuesday. Nifty was able to sustain above the level of 9300.

Indian capital markets traded flat to positive on Tuesday. Nifty was able to sustain above the level of 9300.

At the closing bell, Nifty ended at 9316, with gain of 2 points and BSE Sensex closed at 29933, an increment of 7 points. On the NSE, 28 shares closed in the green, while 23 shares ended the day in the red.

All indices closed in the green except Auto, Bankex, Consumer Durables and Healthcare. Capital Goods increased 335 points. Oil & Gas also rose 107 points. However, Consumer Durables reduced 100 points and Bankex also declined 50 points. Mid-cap index increased 28 points and Small-cap also rose 82 points.

Asian markets traded mixed on Tuesday. Shanghai increased 0.06 per cent, Hang Seng rose 1.27 points. Nikkei reduced 0.26 per cent. European markets were trading on positive sentiments.

Derivative Analysis

Nifty Future closed in the positive at 9350. Going ahead, 9385/9286 will be the immediate support levels.

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