Nifty ends flat in volatile session, up 3 points

Fag-end selling erased the intra- day gains as the benchmark Nifty finished flat, marginally up by 3.15 points to close at 8,111.60.
The volatile trading momentum saw a market rebound on investors bargain-hunting over index's recent sharp losses suffered, while higher Asian cues as well as positive domestic CPI and WPI macro data along with country's good export-data supported the momentum, though selling during fag-end washed-out the day's highs as the market ended flat.
Buying was witnessed in Auto, IT, Media, Consumption and Infra counters, while selling seen in Pharma, Pvt Banks, Realty, Banks, FMCG, Metal, PSU Bank and Commodities followed by second line shares of midcap and smallcap companies.

The 50-share Nifty opened gap-up at 8,205.65 and hovered between 8,210.05 and 8,089.40 before closing at 8,111.60, showing a minor gain of 3.15 points, or 0.04 per cent, from its last close.
Elsewhere, Asian markets ended higher tracking overnight gains in US markets, while European markets were trading lower in their afternoon trade.
Stockwise, major gainers were Asian Paint (5.04 per cent), Zeel (4.81 per cent), EicherMot (4.12 per cent), TCS (3.22 per cent), Maruti (2.98 per cent), TeckM (2.94 per cent), HDFC (2.42 percent) and Infy (1.88 per cent).

Notable losers were Ambuja Cement (3.02 per cent), Dr Reddy's (3.01 per cent), Hindalco (2.95 per cent), ITC (2.78 per cent) and Auro Pharma (2.68 per cent).

Meanwhile, FPIs sold shares worth a net Rs 2,353.82 crore yesterday, as per provisional data released by stock exchanges.
A total of 682 scrips advanced, 942 declined while 56 remained unchanged.
Turnover in the cash segment slumped to Rs 26,142.52 crore, from Rs 32,457.78 crore yesterday.
A total of 10,662.85 lakh shares changed hands in 1,04,46,495 trades.
The market capitalisation of NSE listed companies stood at Rs 1,02,76,935 crore.