New Delhi, March 12 -- How the benchmark index performed on 11 March

India's benchmark index, Nifty 50, stayed strong despite the global market concerns and ended on a flat note in Tuesday's trading session. Taking cues from the global market, the indices opened with a gap down at 22,345 after recession fears triggered a sell-off in the US and Asian markets. However, the index managed to pare all losses and closed near the day's high at 22,498.

As a result, the index formed a bullish candle with a lower-high and lower-low price structure on the daily chart. Market breadth remained weak, with the advance-decline ratio settling at approximately 1:2.

Among sectoral indices, Bank Nifty, IT, Auto, and FMCG closed in negative territory. Nift...