Closing

Though markets closed in the positive territory, they have pared considerable gains as participants' choose to book profits at higher levels. While buying is being witnessed across sectors, select stocks from the energy, metals and banking sector are witnessing the brunt of selling pressure. As regards global markets, the Asian indices closed in the positive territory, the European indices are also trading higher currently.

The BSE Sensex closed almost 112 points higher, while the NSE Nifty closed higher by 15 points. While the BSE Midcap closed marginally in the positive, the Smallcap indices closed lower by 1%. The rupee was trading at 42.00 to the dollar.