Indian equities closed choppy session on a flat note on Thursday. Buying action was witnessed in Teck, IT and banking stocks, while healthcare, auto and consumer durables went down.

The Sensex shut the week at 17,134.55 after gaining 7.71 points. During the day, Sensex touched a high of 17,195.61 and a low of 17,059.36. Nifty lost 0.55 points on closure to shut the week at
5,083.40. It hit a high of 5,110.50 and a low of 5,057.05.

BSE Midcap Index was down 0.35 per cent and BSE Smallcap Index slipped 0.44 per cent.

The major performers in the 30-share index were Bharti Airtel, RCom, ICICI Bank, Tata Consultancy Services, Mahindra & Mahindra and Bharat Heavy Equipments.

The losers' in the Sensex were Maruti Suzuki India, HDFC, Grasim Industries, Tata Power, Hero Honda and Tata Motors.

Indian markets remained closed on Friday because of Gandhi Jayanti.

While commenting on the stock market, Vaishnavi Jagtap, senior technical analyst, Angel Broking stated, "Markets opened on a flat note and traded in a narrow range amidst volatility to close with a marginal loss. On the daily charts, we are witnessing a narrow range body formation suggesting indecisiveness. While the oscillators viz. RSI and Stochastic indicates further limited upside. On the upside, if stock indices trade credibly above 17,196 / 5,110 levels then it may see 17,320 - 17,500 / 5,140 - 5,190 levels. But, on the downside, 16,930 -16,850 / 5,020 - 5,000 levels may be support for the day.

She also said that stock investors should adopt stock specific policies going ahead.