The Indian markets on Thursday closed flat with positive bias after a brief volatile session, amid weak global cues. The banking and financial stocks dragged benchmarks most during today’s trade. 

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The BSE Sensex grew marginally by over 55 points or 0.09 per cent to 58,305, while Nifty50 gained marginally by over 15 points or 0.09 per cent to 17,369.25. In the broader markets, the mid-cap index outperformed the benchmarks and gained over 85 points or 0.3 per cent to 29341 levels.       

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Declining most in a flat market today, Nifty Bank became tried to drag the market most by ending 85 points and 0.23 per cent lower to 36683.2 levels, fall mainly led by Kotak Bank and HDFC Bank.              

Out of 50 scrips on Nifty50, 30 advanced, 20 declined at the market close on Thursday. ONGC, Bharti Airtel and Nestle India surged most in the flat market by over 2.5 per cent, followed Hindalco gaining over 1.5 per cent and Grasim over 1 per cent at the market close today. 

On the contrary, Life Insurance stocks such as SBI Life and HDFC Life declined most in the flat but positive market. The former slumped most by around 4 per cent, while the latter ended over 1 per cent lower, followed by Titan down over 1 per cent and Bajaj Auto, Ultratech Cement declined too. 

Almost all sectors closed in the green except for banking and financial stocks along with pharma. Nifty Realty slipped most by 0.7 per cent followed by banking and financial stocks. Whereas, Nifty Metal and FMCG lifted the Index most and Nifty Media ended almost 3 per cent higher.