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The stock benchmarks closed flat as gains in banking and metal stocks were offset by losses in realty, telecom and utilities.
The S&P BSE Sensex closed at 57,613.72, while the Nifty 50 ended about 100 points lower from the day's high at 16,951.70.
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UPL, IndusInd Bank, Dr. Reddy's Laboratories, Power Grid Corp. of India, and HDFC Bank were the top gainers.
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Adani Enterprises, Adani Ports SEZ, Tech Mahindra, Hero MotoCorp, and Tata Motors were the top losers.
Disclaimer: AMG Media Networks Ltd., a subsidiary of Adani Enterprises Ltd., holds 49% stake in Quintillion Business Media Ltd., the owner of BQ Prime.
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The market breadth was skewed in the favour of the bears. About 2,499 stocks declined, 1,046 advanced and 99 remained unchanged.
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