Nifty ends almost flat in choppy trade, Infosys battered

Tail-end profit booking in tech major Infosys trimmed gains in a volatile session today at the National Stock Exchange (NSE), whose key index briefly reclaimed the 6,300-mark.
The market was choppy and saw thin trade ahead of December derivative expiry this week and also due to absence of any major trigger.
Still, good buying was seen by funds in banking, FMCG, PSU, metal and energy sectors, which led the benchmark CNX Nifty to reclaim 6,300-mark level for a brief period.
Profit booking in Infosys, impacted by the exit of senior management personnal, led the Bangalore-based IT heavyweight's scrip fall by 2.33 per cent.

The 50-share Nifty traded between a high of 6,317.50 and a low of 6,266.95 before settling at 6,284.50, a modest gain of 10.25 points, or 0.16 per cent, over the last close.
The index resumed higher on positive Asian cues, but encountered choppiness on bouts of buying and selling during morning trade. Intense profit booking was witnessed during the final hour of trade, but the market managed to end in green.
Major gainers were Jindal Steel, PNB, DLF, Hindalco, Grasim, BHEL, UltraTech, JP Associates, NMDC and IDFC. Besides Infosys, Tata Power, HDFC and Lupin also ended with losses.
Turnover in the cash segment declined to Rs 11,285.95 crore from Rs 12,626.30 crore previously. A total of 7,054.73 lakh shares changed hands in 57,57,732 trades, while market capitalisation stood at Rs 68,07,474 crore.