Indian share prices closed flat on Thursday in listless trade as cautious investors awaited a fresh trigger while the market appeared consolidating after sharp gains in recent sessions, dealers said.
They said investors were also cautious amid a lacklustre regional trend triggered by rising interest rates in the United States and concerns of bird flu outbreak in China and its impact on Hong Kong shares.
"A complete lack of interest was evident in the market today with nobody keen to take a fresh view," said a dealer with a leading foreign brokerage.
"All these factors are making investors a bit cautious but I do not think there will be a collapse in local share prices as such," he added.
The Mumbai stock exchange's 30-share Sensex closed at 8,309.93, up 1.15 points. Turnover was also moderate at 23.75 billion rupees (527 million dollars).
The benchmark Sensex has gained more than eight percent in the last few sessions on large fund buying.
Most of the large cap shares traded mixed, with old economy stocks witnessing some buying.