Markets Closing: Sensex And Nifty End Flat Amid Volatility; Check Top Gainers And Losers

Within the Nifty index, several prominent companies, including ONGC, Tata Motors, Adani Ports, and Maruti were among the top gainers. On the other hand, Kotak Bank, Divi's Laboratories, ITC, Reliance Industries and Dr. Reddy's Laboratories were among the top losers.
Markets Closing

Markets Closing (Image Source: iStockphoto)

On Tuesday, the Sensex dipped by over 30 points, closing at 76,456.59. Meanwhile, the Nifty gained up by 5.65 points to end at 23,264.85.
Within the Nifty index, several prominent companies, including ONGC, Tata Motors, Adani Ports, and Maruti were among the top gainers. On the other hand, Kotak Bank, Divi's Laboratories, ITC, Reliance Industries and Dr. Reddy's Laboratories were among the top losers.
Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) purchased equities amounting to Rs 2,572.38 crore and Rs 2,764.46 crore respectively on the previous trading day, as indicated by exchange data.
Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities said, "The BankNifty Index experienced a sideways trading session and was unable to surpass the 50000 mark, where the highest open interest is built up on the call side. Once the index breaks above 50000, it is likely to see sharp short covering towards the 50500/51000 levels. The undertone remains bullish, and traders should adopt a buy-on-dip approach with support at 49000, where the highest open interest is built up on the put side."
Rupak De, Senior Technical Analyst, LKP Securities said, "Nifty remained sideways during the day as there was no directional move. The sentiment might remain sideways as well until it breaks out of the 23150-23350 range. Any decisive breakout on either side might confirm the future direction of the market. On the higher end, above 23350, it might move towards 23600. Meanwhile, support below 23150 is placed at 23000-22900."
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