The Sensex on Tuesday
pared its afternoon losses and climbed up to close the day on a flat note, as uncertainty on
Euro zone debt crisis continued to plague investor sentiment.
The 30-scrip index of the Bombay Stock Exchange, which opened at 17,593.67 points, closed at 17,560.77 points (provisional), almost unchanged from its previous close at 17,562.61 points. The Sensex traded in a tight range, rising to a high of 17,632.23 points and slipping to a low of 17,455.22 points.
The 50-scrip S&P CNX Nifty of the National Stock Exchange also closed lacklustre at 5,283.5 points.
Broader markets also closed flat. The market breadth at the BSE was mixed with 1,426 stocks advancing and 1,404 scrips declining, while 126 remained unchanged.
Asian markets rose initially after news of Greece Prime Minister
George Papandreou resigning and his replacement expected to get an approval for the European bailout package.
They, however, slipped later on as Italy's debt woes threw financial markets in the region into a tizzy.
Italian Prime Minister Silvio Berlusconi on Tuesday will face a crucial parliamentary vote on public finances which could see his government tumbling if enough party rebels desert him.
In Asia, the Japanese Nikkei closed 1.27 per cent to close at 8,655.51 points, while Hong Kong's Hang Seng ended 0.35 per cent up at 19,746.81 points.
The Chinese Shanghai composite index also fell 0.24 per cent and closed at 2,503.84 points.
European markets opened in the red. Britain's FTSE was down 0.3 per cent, the German DAX was trading 0.63 per cent lower.
The French CAC 40 was ruling 0.64 per cent down.
- With inputs from IANS
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