Indian markets remained strong throughout the day. NSE Nifty 50 rose 119 points or 0.70 per cent to close at 17,107 level while S&P BSE Sensex successfully closed above 58,000. Nifty Midcap 100 and Nifty Smallcap 100 rose 0.59 per cent and 0.66 per cent respectively.     

  A roller coaster ride for the day, Nifty dropped almost 220 points to touch its recent lows then bounced 160 points in second half of the day to close at 16,988 level