The markets today remained in a tight range after opening with a positive note tracking the global peers. The investors remained cautious ahead of Christmas holiday and December F&O expiry which even made the markets to give up all its gains.  The Indian markets may remain closed tomorrow on account of Christmas.

Nifty closed at 6268 down around 16 points. The market breadth remained positive as there were seen 1444 stocks advancing against 1026 stocks declining. The Volatility index, VIX closed at 15.76 down around 3.07%.

Capital goods and consumer durables were the sectoral gainers for the day, closed up around 0.60% and 0.18% respectively. The loser sectors were Metal and Oil & gas sector which closed down around 1.18% and 0.23%.

Ranbaxy Steel and Bajaj Auto were the gainers in the stock's front, ended up around 2.75% and 2.33% respectively.  The losers on the other end were Tata Power and Wipro closed down around 3.26% and 2.29% respectively.

The FIIs were net buyers in the cash segment, bought shares worth Rs 135.42 crore on 23, Monday December 2013. On the other hand the DIIs were also net buyers on 23 December 2013, bought shares worth Rs 38.35 crore as per the provisional data from the stock exchanges.

The European markets were trading higher on the back of positive US economic data and Chinese central bank's move to ease a cash crunch.

Stock Market Research Report by Market Analysts at Geojit BNP Paribas Financial Services.