Sensex flat in special trading

After moving in an extremely narrow range in the special trading session on Saturday, the benchmark indices of both the BSE and the NSE ended flat with stock-specific action in some recently-listed stocks. After moving in a range of less than 30 points, the 30-share BSE Sensex ended 1.19 points lower at 5,861.63 and closed the week with the gain of 23.18 points. S038;P CNX Nifty, the broader 50-share index of NSE shed 0.85 point to end at 1,868.10.

Both the BSE and the NSE remained open for trading for three hours between 11 am to 2 pm, as the NSE conducted a live trading session to test and upgrade its back-up site at Chennai. Dealers said the mood on the market was cautiously optimistic. While frontline stocks moved in a narrow range, stock-specific action was seen in recently-listed stocks. Volumes on the bourses were low on account of low investor participation. Not many institutional investors, including FIIs were active in the market, they said.