Mumbai June 15 (IANS) Broadly negative global cues on trade and monetary policy issues along with the continuous outflow of foreign funds and a weak rupee led the key Indian equity indices to close on a flat-to-positive note on Friday.
Even though the day s trade commenced with a "gap-up opening" heavy selling pressure in metal banking and capital goods stocks depressed the trajectory of both the NSE Nifty50 and the S&P BSE Sensex.
However a last hour buying spree in IT and healthcare counters aided the indices to pare their losses and close on a flat-to-positive note.
Index-wise the wider Nifty50 of the National Stock Exchange (NSE) closed at 10 817.70 points up 9.65 points or 0.09 per cent from the previous close of 10 808.05 points.
Similarly the barometer 30-scrip Sensitive Index (Sensex) of the BSE which had opened at 35 656.26 points closed at 35 622.14 points -- higher by 22.32 points or 0.06 per cent -- from its previous session s close of 35 599.82 points.
The Sensex touched a high of 35 675.20 points and a low of 35 419.68 points during the intra-day trade.
In the broader markets the S&P BSE mid-cap ended 0.40 per cent lower while the S&P BSE small cap index fell 0.46 per cent. The BSE market breadth was bearish with 1 562 declines and 1 083 advances.
"After a small range trade in the morning indices hit fresh intra-day low in afternoon trade as selling pressure intensified. A late recovery resulted in pushing the key equity indices to positive zone " said Deepak Jasani Head of Retail Research at HDFC Securities.
Jasani added: "Major Asian markets have closed on a mixed note. European indices like FTSE 100 and DAX traded in the red."
On the currency front the Indian rupee weakened by 39 paise against the US dollar to 68.02 from its previous close of 67.63 per greenback.
Investment-wise provisional data with exchanges showed that foreign institutional investors sold scrip worth Rs 1 524.74 crore while the domestic institutional investors bought stocks worth Rs 561.01 crore.
Sector-wise the S&P BSE IT index gained the most by 305.77 points followed by the healthcare index which rose by 263.49 points and the Teck (technology entertainment and media) index which ended higher by 128.91 points respectively.
On the other hand S&P BSE metal index fell by 208.78 points the banking index was down 193.45 points and the capital goods index ended lower by 191.96 points.
The major gainers on the Sensex were Dr Reddy s Labs up 3.65 per cent at Rs 2 351.10; Infosys up 3.37 per cent at Rs 1 280.45; Tata Consultancy Services up 2.75 per cent at Rs 1 841.45; Sun Pharma up 2.04 per cent at Rs 571.05; and Reliance Industries up 0.63 per cent at Rs 1 013.85 per share.
The top losers were Yes Bank down 1.91 per cent at Rs 330.55; State Bank of India down 1.82 per cent at Rs 277.55; ONGC down 1.81 per cent at Rs 165.45 Coal India down 1.59 per cent at Rs 279.05; and Tata Motors (DVR) down 1.56 per cent at Rs 180.05 per share.

--IANS rrb-rv/vm