Sensex ends flat; defensive stocks shine

Jul 17, 2012 |

Reuters

mumbai

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The Sensex ended flat as investors sold recent outperformers such as Tata Consultancy but bought defensive stocks such as ITC given uncertainty about the monsoon rainfalls and the prospect of policy reforms.

Tata Consultancy Services fell 1.8 percent, while cigarette maker ITC (ITC.NS) gained 1.4 percent.

The Sensex provisionally rose 0.01 percent to 17,105.30 points. The Nifty lost 0.08 percent to end at 5,192.85 points.

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