DSIJ Mindshare

The domestic markets regained momentum after the recent dip and climbed nearly a per cent, owing to mixed cues.  At close, Sensex zoomed 478.59 points or 0.84 per cent at 57,625.91 level while Nifty was up by 140.10 points or 0.82 per cent at 17,123.60.  

The domestic markets were attacked by bears with Nifty 50 closing the last trading session more than 250 points down at 16,983.55 in the red territory whereas Sensex tumbling up to 900 points, down 1.46 per cent at 57,147.32 level. 

On Friday, Indian equity markets ended on a flat note. Nifty 50 closed the last trading session of the week at 17,314.6 in the red territory, marginally down by 0.10 per cent. Top gainers of the index were Titan, Power Grid Corporation, ONGC, IndusInd Bank and Grasim. 

The weakening global economic environment has spiked up the bond yields and dollar index, which fostered fears of recession. Fading the morning losses, the benchmark indices ended marginally lower with Nifty 50 closing 0.24 per cent down and Sensex ending lower by 0.33 per cent.  

Amid a situation wherein, the investors were cautious and the markets remained choppy, the benchmark indices ended on a negative note with Nifty slipping below the 16,900 level on Wednesday.