Bulls come back firmly

Indian capital markets remained bullish on Tuesday and increased more than half a per cent. Nifty was able to sustain above the 9100 level.

At the closing bell, Nifty ended at 9106, with gain of 61 points and BSE Sensex closed at 29409, an increase of 172 points. On the NSE, 41 shares closed in the green, while 10 shares ended the day in the red.

All indices closed in the green, except Oil & Gas. Bankex, Auto, Consumer Durables and Healthcare indices rose more than 100 points each. Oil & Gas reduced 33 points. Auto index decreased 145 points. Consumer Durables increased 127 points. Mid-cap index increased 99 points and Small-cap also rose 82 points.

Asian markets traded mixed on Tuesday. Shanghai declined 0.43 per cent, Hang Seng increased 0.63 per cent, Nikkei also rose 1.14 per cent. European markets were trading on positive sentiments.

Derivative Analysis

Nifty Future closed in the positive at 9119. Going ahead, 9168/8967 will be the immediate support levels.