GIFT Nifty traded flat at 19,463.5 down  merely 4 points or 0.02%, indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously on Monday, the NSE Nifty 50 soared 181.15 points or 0.94% to settle at 19,411.75, while the BSE Sensex added as much as 594.91 points to 64,958.69.

“Markets started the week on a firm note and gained nearly a percent, in continuation of the recent rebound.  After the gap-up start, Nifty oscillated in a narrow range for most of the day and finally settled around the day’s high at 19398 levels.  All the key sectors contributed to the move wherein metal, energy and pharma gained over a percent each. The broader indices also traded in tandem and rose in the range of 0.9%-1.3%,” said Ajit Mishra, SVP – Technical Research, Religare Broking. 

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