Market begin on a good note, but end flat
The market ended flat after starting off on a good note.
The Nifty crossed the 10,600-mark, and went up 20.70 points to end at 10584.70.
The Sensex was up 35.19 points at 34450.77.
IndusInd Bank and Mahindra & Mahindra were the top gainers. Top losers were HDFC Bank, Hero MotoCorp, Indiabulls Housing, and Hindalco.
The rupee plunged 34 paise, which is nearly 0.5%, to 66.46 against the dollar.
Domestic currency opened 8 paise low at 66.20. This was due to higher crude prices.
Buying of the American currency by banks and importers gave the dollar more strength.