Post a flat to positive start, the Nifty witnessed some buying. It traded in a broader range for majority of the day. However, buying in banking, capital goods, oil & gas, IT, select auto and FMCG was pivotal. This pushed the Nifty to close after scoring a century. Nifty futures premium increased and settled at 13 points. India VIX dipped 2.37 percent and closed at 15.95.
Submitted by Market Magnify • January 14, 2014