MARKET SUMMARY
The indices closed on a flat note as volatility persists across the major indices at the final hours. Positive IIP date further renewed the fears of a possible rate hike by RBI. Though it entered the positive zone on a few occasions, but they could not sustain it for long. From the sectoral front buying was seen in Metal, Oil & Gas and Auto stocks. However, Realty, CG and Power contributed to most of the selling pressure. BSE Midcap and Smallcap stocks also closed with losses. The BSE Sensex closed on a flat note at 17,166.62, down by 1.34 points while NSE Nifty ended higher by 3.60 points at 5,137. BSE Midcap and Small cap closed with loss of 15.25 and 37.84 points at 6,700.85 and 8,432.50 respectively. The BSE Sensex touched intraday high of 17,244.54 and intraday low of 17,126.93.
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