The markets ended flat with positive bias amid a mildly choppy session moving in a tight range. Selective buying was seen in broader markets, which gave markets positive breadth. Among the sectoral indices IT stocks were beaten down and the IT index was down over 4%. Buying interest was seen in realty, power, capital goods, pharma, banking and metal stocks. Most of the Asian markets ended lower.

Sensex closed up 44.54 points or 0.27% at 16783.87, and the Nifty up 12.30 points or 0.24% at 5049.30.

About 1652 shares have advanced, 1201 shares declined, and 225 shares are unchanged.

The BSE Midcap Index ended at 7,037.62 up 0.8%.

The BSE Smallcap Index ended at 8,798.08 up 0.5%.

The BSE Bankex ended at 8,716.83 up 1.5%. Bank of India, Andhra Bank, Kotak Mahindra, Oriental Bank, Allahabad Bank moved upwards.

The BSE Capital Goods Index closed up 2% at 13,941.82. BHEL, L&T, Astra Microwave, BEML, Crompton Greave, Thermax, Greaves Cotton, Areva T&D closed higher.

The BSE Auto Index closed flat at 4,546.21. Escorts, TVS Motor, Amtek Auto, Cummins, Punj Tractors, MRF closed lower.

The BSE Metal Index closed at 15,529.38 up 2%. Hind Zinc, Sterlite, NALCO, Shree Precoated, Mah Seamless, Jindal Steel, Jindal Saw, JindalStainless closed higher.

The BSE FMCG Index closed up 0.6% at 2,380.94. Colgate, ITC, Bata India, Godrej Consumer, HUL, GlaxoSmith Con closed higher.

BSE Oil and Gas Index closed at 11,477.39 down 0.3%. GAIL, Reliance Natura, HPCL, RPL,ONGC, Reliance, ONGC ended in green.
 
BSE power index closed at 3,318.13 up 1%. Torrent Power, NTPC, Reliance Energy, Tata Power, Power Grid Corp, Crompton Greave ended in red.

The BSE IT Index was down 4.3% at 3,930.47. Wipro, I-Flex Solution, Patni Computer, Financial Tech, Mphasis, Tech Mahindra, TCS, Infosys closed lower.

The NSE cash turnover was at Rs 15051.74 crore and the NSE F&O turnover was at Rs 51643.74 crore. The BSE cash turnover was Rs 6385.09 crore. Total market wide turnover was at Rs 73080.57 crore.

Asian markets were trading weak. Japan's Nikkei slipped 1.12% or 153.74 points at 13,542.81. Hong Kong's Hang Seng tumbled  0.99% or 245.38 points at 24,476.29. Taiwan's Taiwan Weighted fell 0.67% or 61.05 points at 9,022.27. Singapore's Straits Times declined 0.41% or 13.11 points at 3,157.98. South Korea's Seoul Composite was down 0.49% or 8.90 points at 1,791.58.