Last week, the markets ended on a flat note, as the selling seen in midcap and smallcap stocks indicated. Nifty closed down around 0.2 per cent on a weekly basis. The smallcap sector witness a sell off of 3.8 per cent and the midcap sector closed around 2.4 per cent.

In the largecap stocks, Tata Motors and Sun Pharma remained the weekly gainers, which were up around 6.8 per cent and 5.5 per cent, respectively. The losers were Siemens and DLF, each closed down around 7.5 per cent, respectively. Nifty has resistance at 5921 and 5958, movements above these two levels can only give strength to Nifty.