their afternoon trading. The CAC was down by 0.18 per cent, the DAX by 0.09 per cent and the FTSE by 0.03 per cent.
Commenting on Indian markets, Kishor P Ostwal, CMD, CNI Research Ltd. said, "Market opened weak but recovered later in the day to close nearly flat."
India's services sector expanded further in December - registering the fastest pace of growth in three months - driven by a sharp rise in new business orders, an HSBC survey today said. This data helped support sentiments, traders said.
In all, 16 out of 30 Sensex-based counters closed with gains while 13 others finished with losses. Tata Power held stable.
GAIL India was the top gainer with a rise of 1.90 per cent, followed by ONGC (1.79 pc), BHEL (1.76 pc), TCS (1.50 pc), Wipro (1.47 pc), ICICI Bank (0.87 pc), SBI (0.56 pc) and Infosys (0.51 pc).
However, Tata Steel declined by 1.91 per cent, followed by Sterlite Ind (1.64 pc), Jindal Steel (1.58 pc), Hindalco (1.34 pc), Tata Motors (0.79 pc), HDFC (0.77 pc) and L&T (0.58 pc).
From sectoral indices, the BSE-Oil&Gas firmed up by 1.05 per cent, BSE-PSU by 1.02 per cent and BSE-IT by 0.95 per cent, while BSE-Metal dipped by 1.01 per cent.
Total market breadth remained positive with 1,521 stocks gaining while 1,435 finished with losses. Total turnover was at Rs 2,591.49 crore from Rs 2,688.83 crore yesterday.
Foreign Institutional Investors (FIIs) injected Rs 1,397.38 crore yesterday as per provisional data with stock exchanges.