It was a lacklustre trading day on the bourses.The Nifty and the Sensex ended marginally positive. The Nifty closed at 5,121, six points over its previous close while the Sensex ended the day at 16,881, up 18 points.
“Lack of interest was evident by the fact that indices opened flat, traded flat and closed flat,” said a Head of Research from a multinational brokerage.
“Market direction would be set after inflation and tax numbers are announced in the next couple of days. Global cues that would impact direction are poll expectations from Greece and the fear of a spillover from Spain to Italy.”
FMCG stocks were most sought after while real estate and auto scrips were the biggest losers of the day.
Volatility was up 0.66 per cent and the India Vix closed at 24.36.
HUL, Ambuja, Sun Pharma, L&T and ONGC were the top five Nifty gainers while Maruti, Sterlite, NTPC, Tata Motors and Tata Power were the top losers.