Indices close flat amid volatility, FPI outflows

DESPITE POSITIVE GLOBAL and domestic cues, the benchmark indices ended flat on Thursday after a roller-coaster session, as investors booked profits at higher levels ahead of the Bihar election results.

- KISHOR KADAM

Some selling by foreign portfolio investors also dampened the sentiment, market watchers said.

The overall market breadth was negative, with 2,380 losers against 1,846 gainers on the BSE. Investorwealth declined by %48,687 crore to 473.20 lakh crore. Nevertheless, in the last four sessions, the Sensex has gained 1,262.39 points (1.52%), while the Nifty has added 386.85 points (1.52%).