Nifty ends with marginal gains, up 20 points

Fluctuating between gains and losses, bouts of buying in Auto, Infra, Banking and Energy counters led the benchmark Nifty to end marginally up by 19.90 points to reclaim above 8,600-level to end at 8,611.15.
Intense volatile trade saw the market somewhat prevailing over the escalated tensions over surgical strike by Indian forces across LOC and subsequent stocks slump, while investors sidelined weak global peers as key index swung between gains and losses amid value buying and tinge of short-covering to end positive.
Meanwhile, the broader market, both the MidCap and SmallCap indices outperformed the frontliners.
The NSE Nifty opened slightly lower at 8,581.50 and hovered between a high of 8,637.15 and low of 8,555.20 before finishing at 8,611.15, showing a marginal gain of 19.90 points or 0.23 per cent.

Elsewhere, Asian markets fell tracking lower finish for US stocks yesterday as Deutsche Bank shares slumped to a record low after a report that trading clients had withdrawn excess cash and positions held in the largest German lender. While, European stocks were also trading lower in their afternoon trade.
Major gainers were Auro Pharma 3.66 pct followed by Bank of Baroda 3.40 pct, GAIL 3.08 pct, M&M 3.03 pct, Grasim 2.74 per cent, Yes Bank 1.94 per cent, SBIN 1.62 per cent, Tata Motors 1.62 per cent and Reliance 1.05 per cent.

Notable losers were Cipla 3.78 per cent, ITC 1.77 per cent, TechM 1.71 per cent, Coal India 1.63 per cent and Infratel 1.63 per cent.

A total of 1,341 scrips advanced, 292 scrips declined, while 48 remained unchanged. Total securities that hit their price bands were 112.
Turnover in cash segment dropped to Rs 22,144.94 crs from Rs 45,012.36 crs yesterday.
A total of 10,981.26 lakh shares changed hands in 8,978,384 trades. The market capitalisation of NSE stood at Rs 10,866,063 crore.