Indian Markets failed to sustain the morning gain and ended on a flat note ahead of Infy quarterly result tomorrow. Banking and Oil & Gas stocks have provided some support to the markets today.
The government has approved a proposal to inject Rs.12,517 crores in public sector banks to help them enhance the lending activity and meet the capital adequacy as per Basel-III norms. Oil Ministry of India has said that a proposal to raise fuel prices in phased manner is going to be submitted to the union cabinet.
The breadth of the market was negative in today's trading.