GIFT Nifty traded flat at 19,218 down merely 7.5 points or 0.04%, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously on Monday, the NSE Nifty 50 soared 93.65 points or 0.49% to settle at 19,140.90, while the BSE Sensex climbed 329.85 points or 0.52% to 64,112.65.

“Markets extended rebound and gained nearly half a percent, in continuation to Friday’s move. After the initial fall, Nifty gradually inched higher as the session progressed and settled around the day’s high at 19,140.90 level. Meanwhile, the rebound in select heavyweights, especially from the energy and banking space, contributed the maximum while the broader indices closed almost unchanged,” said Ajit Mishra, SVP – Technical Research, Religare B…