The National Stock Exchange (NSE) Nifty50 index which opened near 11,873.90 levels at previous trading session closed on a flat note near 11,914.05, 7.85 points up. It is the recovery in the last hour of trade which helped the market to close on a flat note. The indices were down in the morning session due to mixed macroeconomic data and weak global markets.
But, the market picked up the pace in the last hour.
On the other hand, the Nifty Bank index closed at 30,976.10, 10.40 points up.
Global Update: The major indices of Wall Street climbed in the previous trading session as oil jumps after the attacks of two tankers in the Gulf of Oman.
Taking cues from the previous trading session and global sentiment, it is expected to see a flat to a negative opening in today’s trading session.