The markets closed in green with moderate gains amid a rangebound session. The opening was firm but some profit booking was seen in the last hour of trade. Nifty closed flat just below 4900 mark. Technology stocks have continued the uptrend and outperformed the frontline indices. Market breadth was positive. Midcap were the show stealers as they outperformed the benchmark indices. Buying support was seen from technology, telecom, realty, power, oil and banking stocks. Capital goods stocks witnessed some profit booking while, auto and FMCG stocks were trading sluggish.

Sensex closed up 90.53 points or 0.56% at 16244.19, and the Nifty up 7.65 points or 0.16% at 4887.30.

About 1924 shares have advanced, 871 shares declined, and 279 shares are unchanged.

The BSE Midcap Index ended at 6,699.10 up 1.4%.

The BSE Smallcap Index ended at 8,351.14 up 1.8%.

The BSE Bankex ended at 8,043.71 up 0.6%. Bank of India, Andhra Bank, Kotak Mahindra, Oriental Bank, Allahabad Bank moved upwards.

The BSE Capital Goods Index closed down 0.5% at 13,352.06. BHEL, L&T, Astra Microwave, BEML, Crompton Greave, Thermax, Greaves Cotton, Areva T&D closed lower.

The BSE Auto Index closed flat at 4,466.17. Escorts, TVS Motor, Amtek Auto, Cummins, Punj Tractors, MRF closed lower.

The BSE Metal Index closed at 14,134.32 up 1%. Hind Zinc, Sterlite, NALCO, Shree Precoated, Mah Seamless, Jindal Steel, Jindal Saw, JindalStainless closed higher.

The BSE FMCG Index closed up 0.4% at 2,372.69. Colgate, ITC, Bata India, Godrej Consumer, HUL, GlaxoSmith Con closed lower.

BSE Oil and Gas Index closed at 11,422.02 up 0.8%. GAIL, Reliance Natura, HPCL, RPL,ONGC, Reliance, ONGC ended in green.
 
BSE power index closed at 3,207.81 down 0.5%. Torrent Power, NTPC, Reliance Energy, Tata Power, Power Grid Corp, Crompton Greave ended in red.

The BSE IT Index was up 3.7% at 4,006.50. Wipro, I-Flex Solution, Patni Computer, Financial Tech, Mphasis, Tech Mahindra, TCS, Infosys closed lower.

The NSE cash turnover was at Rs 14830.51 crore and the NSE F&O turnover was at Rs 39646.97 crore. The BSE cash turnover was Rs 6773.6 crore. Total market wide turnover was at Rs 61251.08 crore.