After a decent run on Monday, Indian Stock markets ended Tuesday flat after a volatile session. US Markets registered decent gains on Monday trading session. Even though the benchmark indices ended flat the undertone of the market remained strong. The market breadth was in favour of the advances and the volumes were quite high as compared to previous day. The benchmark index closed marginally lower at 12,131 down just 4 points after trading in the range of 12,197 – 11,985.

The Nifty ended 8 points higher at 3,661. Among the Broader indices - the BSE Midcap Index was up 1.85% or 67 and the Smallcap Index rose 1.98% or 80 points. Buying was seen in capital good, reality, metals and sugar stocks, while select IT, oil & gas and FMCG stocks remained under pressure.

Movers & Shakers

The realty index on the BSE spurted 8.6 % on sharp gains in DLF, Unitech and HDIL. The stocks jumped over 9 % each.

The BSE metal index surged 3.5 %. JSW Steel, Jindal Saw and Tata Steel were the major gainers in the metal space, up over 8.8 % each.

The BSE banking index advanced 2.3 %. Among the banking stocks, ICICI Bank, Kotak Mahindra Bank and IndusInd Bank rose over 6.3 % each.

However, the IT index on the BSE ended 2.1 % lower. Patni Computer, Infosys and TCS dropped more than 2.5 % each.

In the sugar space, Bajaj Hind up 22%, Balrampur Chini up 6%, Renuka up 8% and Triveni Sugar up 17%.

In the Sensex pack DLF was the biggest gainer in the pack. The stock zoomed 11.4 % to Rs 260. Tata Steel, ICICI Bank and Tata Motors were the other main gainers up over 5.9 % each.

HDFC, ITC and M&M, however, were the prominent losers in the group down 3-6%.