Taking signs from weak Asian markets, the BSE Sensex opened with a negative gap of around 100 points at 14,852.20 on Tuesday (Sep 09).

The BSE, which plunged to 14,714.92 during the day, marked its closure at 14,900.76 after losing 44.21 points. It also touched an intra-day high of 14,998.32.

The Nifty, which touched an intra-day high of 4497.50 and an intra-day low of 4418.95, ended the day at 4468.70, down 13.60 points.

Among the sectoral indices, BSE Metal, Bankex, Realty and CD closed lower by 1% - 1.8%. The FMCG, HC and Auto indices declined nearly 1 percent. The Capital Goods index ended with a loss of 0.46%, whereas the Power and PSU indices fell 0.57% and 0.62% respectivley. BSE IT closed after making a slender gain. Oil & Gas and Tech closed stronger by 0.36% and 0.64% respectively.

While commenting on the market, technical analyst Vishwas Agarwal stated that the market is in safety zone with BSE above 14,786 level.

Mr. Agarwal also said that there is no latest or new trigger in the market after NSG nuclear agreement clearance news for market to jump or fall.

At this time, the stock market is moving aimless without interest and involvement from other sides. This trend may persist for 1 or 2 days, and after this period some route will be located.

“Reliance Industries (RIL) is on crucial list if it goes below the Rs 2,000 mark then I am worried about the entire market mood. There is no major trend for Wednesday,” he further added.