Indian equity market ended on a flat note with positive bias, the benchmark broad based Index Nifty ended the week at 12113.45 with a marginal gain by 0.12% i.e. 15.10 points and BSE Sensex closed the week with a marginal gain by 0.28% i.e. 115.89 points at 41257.74.
Nifty Index opened the week near 12100 with a flat note and moved down till 11990.75, it took strong support at 11990 thereafter, the strong pull back rally lifted the Index throughout the week till 12246.70, on the week closing day i.e. Friday, a mild profit booking cum sell-off dragged down the Index till 12091.20 and ended the week at 12113.45.
Nifty Bank Index also rallied from the weekly low i.e. 29612.55, till 31470.65, the weakness cum sell-off dragged down on Friday till 30776.10 and closed with a loss by 1.18% i.e 367.15 points at 30834.80.
Other major Indices were closed with a weekly loss are Nifty Realty Index lost 1.12%, Nifty FMCG -1.26%, Nifty Auto -1.17% and marginally the following indices were closed in negative i.e. Nifty IT -0.18% & Nifty Pharma -0.15%,