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Indian share prices closed flat in choppy trade on Wednesday with sporadic buying seen in property stocks, dealers said. However, they said software, auto and capital goods fell on profit-taking after rising in previous days. The Mumbai stock exchange Sensex index rose 11.35 points or 0.07 percent to 15,301.17.
"The markets appear to be consolidating at higher levels. Volatility will be seen in days ahead," said Bipin Gandhi, a dealer with brokerage BHH Securities. The flat performance came after a sharp run-up since last week led by overseas funds which have pumped 8.85 billion dollars into Indian equities so far this year, topping the 7.99 billion dollars invested in full-year 2006.

Copyright Agence France-Presse, 2007

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