In a volatile session, the benchmark BSE Sensex on Monday surged 230 points in early trade but pared most gains to end with a slender 41 points rise, on selling in banking, pharma and oil&gas shares and caution ahead of crucial Greek debt talks.
The domestic markets extended their winning streak to fifth sessions and the Sensex closed at two-week highs.
The National Stock Exchange's Nifty moved up by 3.85 points to finish at 8,809.35.
Stocks of fast-moving consumer goods major ITC gained the most among index constituents by rising three per cent. Others supporting the indices to close in the positive zone included HDFC, Tata Consultancy Services and Tata Motors with a 1.5-2 per cent rise.