Sensex ends flat amid volatility

The stock market on Tuesday ended flat, but well above the 19K mark after a roller-coaster ride on alternate bouts of buying and selling amid weak global cues.

The market bounced from the day's low it touched during the mid-afternoon trade and again came under pressure as domestic investors continued to book profits at higher levels.

Scaling a fresh intra-trade peak of 19,174.45 at initial stages, the Bombay Stock Exchange (BSE) 30-share Sensex later tumbled to the day's low of 18,777.75 before ending the day at 19,051.86, down 6.81 points from yesterday's close.

The broader S&P CNX Nifty of the National Stock Exchange (NSE) also closed slightly lower by 2.35 points at 5,668.05 from the previous close of 5,670.40.

According to provisional data, foreign institutional investors (FIIs) pumped in about Rs 2,868.59 crore, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 281 crore on October 15.

Market players said local funds remained sellers for the past fortnight and were believed to have unloaded sizeable chunk of shares during the day.