Markets closed almost flat after smart recovery from lower its lower level in a volatile trading session. The S&P BSE Sensex closed up by 28.07 points or 0.16% at 17,996.15, after crashing down by 590 points. The CNX Nifty closed 2.56 points down or 0.05% at 5,285.
Among sectoral indices, IT index surged up by 2.68%, Metal and Healthcare gained up by 1.88% and 1.16%, whereas Consumer Durables, Realty, Bankes, Oil & Gas, Capital Goods and FMCG indices declined. From the broader markets, both the indices Mid-cap and Small-cap declined nearly 1%.
Major index gainers were, Jindal Steel climbed by 3.70%, TCS and Tata Power surged up by 3.68 and 3.63%, Tata Power rising by 3.30%, Hindalco Inds and Infosys advanced up by 2.92% and 2.03%.
Major index losers were, HDFC crashing by 7%, ONGC slipped by 6%, Gail (India) fell by 4%, Bharti Airtel declining by 2.20%.
The Rupee continued its fall to close at 68.80 after touching its life-time low of 68.85.
The overall market breadth was firm negative with 1,346 shares declining as compared to 860 shares advancing.
