The National Stock Exchange (NSE) Nifty50 index which opened near 11,722.60 at previous trading session closed on a flat to lower note near 11,712.25, 12.50 points down.
However, during the trading session, it touched an intraday high of 11,770.90. Nifty50 lost its gains but at least managed to hold the 11,700 levels but the BSE-Sensex was down 18.17 points to 38,963.26.
Among sectors, FMCG, IT, pharma, and metal were ended in red while there was some buying seen in the auto, bank, and energy sector.
Global Update: Wall Street rose as job data supports the economic outlook. As a result, the major indices of Wall Street, Dow Jones, S&P 500, and NASDAQ Composite rose 0.75 percent, 0.96 percent, and 1.58 percent respectively.
Taking cues from the previous trading session and global sentiment, it is expected to see a negative opening in today’s trading session in the domestic market.