The Nifty closed flat after hitting the landmark of 5,000. Selling was seen in oil & gas, realty and metal stocks, while buying was seen in IT, auto, banks and capital goods. The Sensex was up 34 points at 16711 after trading in the range of 16820-16636 and the Nifty shut at 4,965 up 7 points after hitting an intraday high of 5,002. The market breadth was weak and the Nifty Sept future ended into 4 point discount after remaining 10 point premium throughout the day.

After resting in the negative terrain for a period of 13 weeks, inflation for the week-ended Sept 5 came in at positive 0.12% versus minus 0.12% in the previous week.

Rome - There was an unusually slow start to Saturday's evening session of the swimming world championships at the Foro Italico in Rome.

Unlike previous sessions that has seen a flood of world records, the first five swims of the evening produced only one world best mark.

Zimbabwean Kirsty Coventry, who was hoping to win at least three medals at this competition, finally picked up her first when she took the 200m backstroke in a world record time of 2:04.81.

On his 60th birthday, former Indian skipper Sunil Gavaskar took blessings of the Sri Satya Sai Baba as he visited Puttaparthi, the ashram of Satya Sai Baba near Bangalore on Friday.

On this religious visit to Puttaparthi, Gavaskar was joined by his family and his brother in law, Gundappa Viswanath.

The legendary cricketer Gavaskar has a lot of records under his belt including the record of first batsman ever to score 10,000 runs in the history of cricket.