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Nifty ends flat for the day, up 1.5% for the week; RIL, Lupin top gainers

BSE Sensex was up 1.4% for the week, extending gains for the second consecutive week

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bull, bear, market, flat, sensex, nifty

Pranati Deva New Delhi
Benchmark indices settled the day flat tracking weaker global cues amid concerns that central banks are moving closer to removing the monetary stimulus. The intra-day losses were recouped after index heavyweight Reliance Industries rallied to hit 9-year high. Losses were also capped as pharma and realty indices surged through the day on value buying. 
 
Nifty was up 1.5% for the week, snapping a three-week losing streak, its biggest weekly gain since late May. On the other hand, BSE Sensex was up 1.4% for the week, extending gains for the second consecutive week.
 
The S&P BSE Sensex ended at