After opening the day on a negative note after a fall of 0.40% on the previous working day, the 30-share index, BSE Sensex recovered from day’s low and entered the positive terrain on the back of buying interest witnessed in select front line stocks.
Meanwhile, it also hit a high of 11,029.55.
Moreover, Reserve Bank of India (RBI) has slashed repo rate and reverse repo rate by 25 basis points each.
The stocks from FMCG, oil & gas and realty sector went up, while auto, banking, capital goods and metal stocks remained marginally down.
The BSE benchmark Sensex finally ended the day with small loss, after skipping up and down throughout the trading session on mixed global cues.
The benchmark indices ended with modest loss and were trading volatile throughout the session. The Sensex closed 81 points lower at 10,898 after hitting an intraday high of 11,068 and low of 10,764. The Nifty was down 12 points to settle at 3,365. It touched an intra-day high of 3,414 and low of 3,309. Among the broader indices the BSE Midcap Index was down 5 points while Smallcap Index shut at up at 17 points. The selling was seen in shares of major banking, capital goods, metal and auto companies and buying was witnessed in select telecom, reality and FMCG sectors. The market breadth was slightly weak and the volumes are on the lower side. 
In his report, Nirmal Bang has announced that the immediate short-term support for nifty is at 3,310 – 3,230 region and a fall below this level will put more pressure and nifty can decline upto 3,155 – 3,110 in the coming days.
