The Sensex and the Nifty ended the day flat as global cues remained weak following worries over elections in Greece and the reforms agenda in the economy there.
PSU banking stocks were the stars in trade with stocks like Andhra Bank, Syndicate Bank and Oriental Bank among the winners in trade.
Shares in IDBI Bank rallied after reports that the board had given nod to the bank to sell its stake in CARE.
IT stocks had a good day in trade with most of the stocks ending higher after the rupee hit a one week low. Infosys, Tech Mahindra and Wipro were among the gainers from the space.
Meanwhile, markets across Europe were trading with losses, while most of Asia ended lower on worries over Greece.