BSE Midcap and Smallcap rose up to 1.11 per cent. Vinod Nair, Head of Research, Geojit Financial Services, said, "Due to the slowdown in global markets, the domestic markets were also unable to maintain their momentum and there were ups and downs during the day trading." Global markets also had a weak trend ahead of the meeting.
Shares of auto companies remained in demand today. Maruti's stock rose 2.36 per cent despite supply chain constraints and hike in fuel prices. Bajaj Auto gained 0.51 per cent and Mahindra & Mahindra 0.87 per cent. Religare Broking Vice President (Research) Ajit Mishra said the market remained in a narrow range in the absence of any major catalyst and closed with minor losses.
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