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Sensex climbs 274 pts, Nifty ends above 24,300 as auto stocks lend support
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morungexpress.com
Commenting on Nifty technical outlook, experts said that the 24,300–24,400 zone continues to remain the immediate and crucial resistance area.
Mahindra & Mahindra, Coal India and Eicher Motors emerged as the top gainers on the Nifty index, helping the benchmark maintain positive territory despite a mixed market trend.
The Nifty MidCap index ended 0.35 per cent lower, while the Nifty SmallCap index declined 0.56 per cent.
Among sectoral indices, the Nifty Realty index was the biggest laggard, falling 2 per cent during the session.
On the other hand, the Nifty Auto, Nifty Oil & Gas and Nifty Consumer Durables indices outperformed, providing support to the benchmark indices and limiting the impact of weakness in other sectors.