Indian equities, the Sensex and the Nifty, ended the session marginally in the red on Friday.
The Nifty closed at 5627 down one point and the Sensex closed at 18507 down 11 points.
Among BSE sectoral indices, Realty index was down 0.93 per cent, followed by PSU 0.89 per cent and Healthcare 0.5 per cent. On the other hand, Auto index was up 0.34 per cent, followed by Oil & Gas 0.24 per cent and TECk 0.06 per cent.
Top five Sensex gainers were BHEL, Wipro, RIL, Bajaj Auto and Bharti Airtel, while the top losers were Cipla, ITC, Dr Reddy's Lab, NTPC and M&M.
“The European leaders could not arrive at a consensus over giving the next tranche of aid to Greece but expectations are that, the same will be provided next week. Back home, the winter session of parliament began but no business was transacted in the first two days, raising concerns over the fate of various bills which are proposed to be presented and passed in the session.
The focus over the next 3 – 4 weeks will shift to the reforms and also the fiscal cliff issue in US. If some of the proposed bills are taken up and passed, we can see the sentiment turn bullish and markets trending higher over the next few weeks, said Dipen Shah, head- PCG research Kotak Securities.”
Volatility was down 1.54 per cent and the India Vix closed at 14.68.