Mumbai : After moving up and down, the market benchmark Sensex closed in the green for the fifth consecutive day by edging up 13 points as investors got on with their buying activity amid foreign fund inflows.
The gains followed its best weekly performance in over four years on Friday.
Investors took a cautious line as they looked forward to the outcome of meetings of central banks.
Asian shares tumbled after Chinese trade data showed that its exports continue to languish and fell by a hefty margin. Last week, the Sensex rallied 1,492.18 points, or 6.44 per cent, and Nifty zoomed 455.60 points, or 6.48 per cent — their biggest weekly gain in more than four years. In a volatile trade, the BSE Sensex after opening a tad higher moved up on the back of widespread gains in blue-chip stocks. But profit-booking pulled it down as the 30-share barometer settled at 24,659.23, a paltry gain of 12.75 points, or 0.05 per cent. The gauge had gained 1,644.48 points in the previous four sessions on expectations of a rate cut by RBI and positive global cues after the government kept its deficit target for the next fiscal at 3.5 per cent in the Budget 2016..
