The BSE Sensex on Wednesday
closed flat on profit booking, a day after the benchmark jumped 727 points - its largest
single-day gain in four years.
Heavy selling pressure was observed in fast moving consumer goods (FMCG), consumer durables, information technology (IT), oil and gas, technology, media and entertainment (TECk) sectors.
However, healthy buying support came into the metal, bank, capital goods, healthcare and realty stocks.
The 30-share index of the Bombay Stock Exchange closed at 19,997.45, up 0.36 points from its previous close. It had touched a high of 20,055.53 points and a low of 19,777.63 in a highly volatile intra-day trade.
The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) gained 0.28 per cent, or 16.40 points, at 5,913.15 points.
The S&P BSE FMCG index closed 75.98 points down, followed by consumer durables, lower 39.05 points, IT index was down 19.11 points, oil and gas index was down 18.74 points and TECk index declined by 8.15 points.
However, metal index was 278.29 points up, bank index was 208.45 points higher, capital goods index gained 107.91 points, healthcare index rose by 105.74 points, and realty index was up 33.99 points.
Most of the 30 scrips on the sensitive index were
gainers in the day's trade. These included Tata Steel, up 5.07 per cent at Rs.316; Hindalco Inds, up 3.81 per cent at Rs.114.30; State Bank of India (SBI), up 3.52 per cent at Rs.1,688.90; Tata Power, up 2.90 per cent at Rs.74.50; and Sun Pharma, up 2.46 per cent at Rs.562.20.
The main losers were: Tata Motors, down 2.49 per cent at Rs.340.50; Hindustan Unilever, down 1.76 per cent at Rs.642.95; ITC, down 1.70 per cent at Rs.329.70; BHEL, down 1.54 per cent at Rs.140.40; and Cipla, down 1.28 per cent at Rs.434.65.
Among the Asian markets, Japan's Nikkei closed 0.01 per cent up while Hong Kong's Hang Seng ended the day's trade 0.17 per cent down. China's Shanghai Composite Index rose 0.15 per cent.
With inputs from IANS