Sensex largely flat at closing trade; Infosys rallies

Shares ended little changed as gains in IT and pharmaceutical stocks were offset by profit booking in financials.

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai. (File photo | Reuters) 

MUMBAI: Stock indices closed almost flat today with gains for the third straight session, with domestic investors providing crucial support.     

The rise came despite an overnight decline on Wall Street and mixed Asian leads.     

The 30-share Sensex gained 28.05 points, or 0.09 per cent to close at 31,596.06 after shuttling between 31,678.19 and 31,546.05. The gauge had rallied 309.16 points in the previous two days.     

The NSE Nifty to closed higher 4.55 points, or 0.05 per cent, at 9,857.05. Intra-day, it moved between 9,881.50 and 9,848.85.     

Stock of Infosys continued its upward trend and spurted by over 2 per cent to Rs 912.50.