Sensex ends flat after hitting fresh high, Nifty below 9650; ONGC top loser

The market breadth, indicating the overall health of the market turned negative from positive

The benchmark S&P BSE Sensex pared most of its gains to end flat after logging its fresh high on Thursday as investors booked profits in recent outperformers, while negative opening in european markets also impacted sentiment.

The Sensex settled at 31,290, up 7 points, while the broader Nifty50 ended at 9,630, down 3 points. 

The benchmark indices had recorded smart gains in intraday trade as steps taken by the market regulator Sebi to attract more investments and tackle massive bad loans of banks boosted sentiment.

The 30-share Sensex had rallied as much as 239 to hit its all-time high of