After the sharp fall in the previous session, markets ended flat amid volatile trades as profit taking emerged at higher levels. Although metal and oil stocks witnessed some buying the health of the Chinese economy continued to weigh on investor sentiment. The Sensex ended down by 43 points at 25,580 and the Nifty, after opening above its crucial level of 7,800, found resistance at that level and settled at 7,782, down by 9 points.
Oil prices rebounded as geopolitical tensions between Saudi Arabia and Iran deepened, but supply glut and economic weakness in China are keeping the prices in check. US benchmark West Texas Intermediate for delivery in February was up 25 cents at $37.01 and Brent crude was trading 24 cents higher at $37.46.
