Markets opened on a flat note and saw some selling pressure in first half. It took Nifty below 5600 levels from where some buying support was witnessed in late trade. Finally it closed lower with small losses. Sectoral ac-tivity showed gains in BSE Auto index after two consecutive days of losses followed by Oil & Gas. BSE PSU in-dex was the top loser on the back of losses in HINDCOPPER, STC, NTPC and MMTC stocks. Realty and Healthcare indices were other losers. Market breadth was in favour of declines in the session. Nifty has closed higher by 52 points in this week but the action was confined in a range between 5650 and 5550. This range needs to break for showing any directional move and only stock-specific action is expected until that happens.
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