The National Stock Exchange (NSE) Nifty50 index opened at the level of 10,524.20 from its previous closing level of 10,472.50 and closed 40 points higher at 10,512.50. The late buying by the bulls pushed the Nifty to close above psychological 10,500 levels.
During its trading session, the Nifty touched an intraday low of 10,410.15. Today, equity may see a mixed start and flat to positive opening amid lower close on the US markets and rising Asian indices. Higher crude oil prices could also weigh on benchmarks.
Update: The Wall Street ends lower on Monday dragged down by technology stocks amid lingering worries over interest rates and corporate earnings.