Alex Mathew, head - research centre, Geojit Financial Services discussing the market performance of the day said, ``Nifty has closed above 4,500 levels due to weak crude and expectation of lower inflation to come. Once crude started falling below USD 110, strong buying emerged in sectors like banking and capital goods which were beaten down hardly by the market participants earlier. As Nifty has closed above 4,500, one can see Nifty testing 4,615 levels. Once that level has been breached, furt