BSE Sensex shed 34.09 points, or only 0.05 per cent, to end at 72,152. NSE's Nifty50 added merely 1.1 points, or 0.01 per cent, to end the session at 21,930.50.
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Nifty has formed a bearish engulfing candle after witnessing follow-through selling pressure from the upper boundary at 22000. The present weakness however, is unlikely to damage the near-term uptrend status of the market and one may expect chances of upside bounce from the lower levels, said Nagaraj Shetti of HDFC Securities.