Markets end flat amid volatility, at 18,314

Mumbai: The markets ended flat amid volatility on Tuesday after opening firm in the morning. For most part of the day, the markets were trading higher but they succumbed to selling pressure and closed flat.

The Nifty was 100 points down from the day's high and Sensex was down 300 points from the highs. The Sensex, which had lost nearly 67 points in Monday's trading, posted a marginal gain of over 27 points on late buying into index stocks such as Reliance Industries.

The 30-share barometer touched a high of 18,314.10 and a low of 18,018.48 points before closing at 18075.66. Similarly, the wide-based National Stock Exchange index Nifty moved between 5,368.45 and 5,262.00, before ending 3.90 points higher at 5,280.80 points.

The breadth was positive in the favour of advances with buying was seen in broader markets. Oil & gas, metal, bank stocks were among the top gainers. Select power, realty and FMCG stocks ended weak.

About 1605 shares have advanced, 1350 shares declined, and 70 shares are unchanged. The BSE Midcap Index ended at 7,685.33, up 0.6 per cent. The BSE Smallcap Index ended at 9,795.54, up 0.4 per cent.

The BSE Bankex ended at 10,963.76, up 0.2 per cent. Bank of India, Andhra Bank, Kotak Mahindra, Oriental Bank, Allahabad Bank moved upwards. The BSE Capital Goods Index closed up 0.5 per cent at 16,392.27.

Triveni Engg, Suzlon Energy, Alstom Projects, Praj Industries, Punj Lloyd , ABB closed higher. The BSE Auto Index closed at 4,866.49, up 1.6 per cent. Bajaj Auto, TVS Motor, Amtek Auto, Cummins closed higher.

The BSE Metal Index closed at 16,209.95, down 0.2 per cent. Shree Precoated, Mah Seamless, Jindal Steel, Hindalco closed lower. The BSE FMCG Index closed up 0.5 per cent at 2,269.29. Colgate, ITC, Bata India, Godrej Consumer, HUL, GlaxoSmith Con closed higher.

BSE Oil and Gas Index closed at 11,130.88, down 0.4 per cent. BPCL, GAIL, Cairn India, Reliance Natura ended in red. BSE power index closed at 3,710.30, down 1 per cent. Torrent Power, NTPC, Power Grid Corp, Crompton Greave ended in red.

The BSE IT Index was up 0.5 per cent at 3,849.77. I-Flex Solution, Patni Computer, Financial Tech, Mphasis, Tech Mahindra, TCS, Infosys closed higher.

The NSE cash turnover was at Rs 12714.37 crore and the NSE F&O turnover was at Rs 36397.03 crore. The BSE cash turnover was Rs 6158.38 crore. Total market wide turnover was at Rs 55269.78 crore.