Equity markets ended the penultimate trading session of the calendar year 2019 on a flat note amid mixed global cues and lack of market participants in the holiday season. Market breadth remained in favour of advances as 2,767 companies traded on the BSE, 1,449 advanced and 1,124 declined while 194 securities remained unchanged. In the broader market, Nifty Midcap 100 index gained 0.37 per cent to 17,070 levels while Nifty SmallCap 100 index rallied 0.6 per cent to end at 5,792-mark.Auto stocks advanced the most in trade with Nifty Auto index rising 1.5 per cent to 8,329.50. All the 15 constituents in the index ended in the green. Metal counters were next on the list as Nifty Metal index gained 1.20 per cent. On the downside, PSU bank stocks slumped the most. The Nifty PSU Bank index fell over 1 per cent 2,538 levels.A broad gauge of Asian share markets rose to an 18- month high on Monday as Chinese equities gained, while oil touched three-month highs on a combination of US crude inventory drawdowns, trade optimism and unrest in the Middle East.
Nifty Chart
Nifty Outlook
Nifty50 closed higher at 12255.85 level, 10.05 points, or +0.12 per cent. Nifty Support : 12200 and 12160 Resistance : 12300 and 12330.
