Indian stock market turned volatile in the late afternoon session after remaining flat most part of the day amid lack of cues ahead of the Budget which ill be announced on February 28. 50 shares index Nifty ended the day at 8762.10 marginally up by 7 points to the previous close while Sensex ends the day at 29,004.66, gaining 29.55 points.

Meanwhile, the market participants were closely eyeing the developments in Parliament today as the Modi government tabled the land acquisition bill which is a basic requirement to pursue reforms promised by his government.

Analysts said that the markets are likely to remain sluggish in the run up to the Budget which will be announced on February 28.

Among the sectorial indices of CNX FMCG (1.50%), CNX Media (1.27%) and CNX Realty (0.44%) were the top performer while CNX Metal (-1.25%), CNX Energy (-0.95%) and CNX PSU Bank (0.58%) were wrost performer of the day.

Out of the 50 stocks of Nifty 27 ended in positive and 23 ended in negative.

Market breadth remained negative for NSE at the close today as 759 stocks falls against 415 advance while 35 remained unchanged.

Top Five Nifty gainers: HUL led the Nifty Gainers list and registered 3.18% gain followed KOTAK   BANK  (2.60%), ZEEL (2.48%), BPCL (2.41%) and L&T (2.09%).

Top Five Nifty Losers: JINDAL STEEL was the biggest loser and fell by -5.16% followed by CAIRN (-3.65%), SESA STERLITE (-3.58%), BOB (-3.13%) and ONGC (-3.06%).

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