Money on the markets
A maturing market amid the mayhem
The benchmark closed 3.6 points down at 12,131.08, while the Nifty ended 0.2 percent higher at 3,661.90.
Wipro, India’s No. 3 software services exporter, said it had won an outsourcing contract from telecoms firm Unitech Wireless. Shares in Wipro ended 1 percent higher at 368.40 rupees.
The Sensex fall was led by HDFC, Infosys, ITC and Reliance Industries.
Share in Larsen & Toubro closed 2.7 percent higher. L&T and the defence and security division of EADS are in talks to form a joint venture to make defence electronics in India.
The Sensex seesawed in early trade today but managed to close 0.57 percent higher, tracking gains in Asian and European markets.