FIIs net sell shares worth Rs 1,166 crore, DIIs net buy Rs 3,894 crore on October 23

At close, the Sensex was up 130.06 points or 0.15 percent at 84,556.40, and the Nifty was up 22.80 points or 0.09 percent at 25,891.40. BSE Midcap index down marginally, while smallcap index shed 0.4%.

Nifty Bank index opened higher and tested fresh record high of 58,577.50, intraday, before closing flat at 58,078.05.

Infosys, HCL Technologies, TCS, Shriram Finance, Axis Bank were among top gainers on the Nifty, while losers were Eternal, Interglobe Aviation, Bharti Airtel, Tata Consumer, Eicher Motors.

On the sectoral front, IT index rose 2%, Private Bank index up 0.5%, while oil & gas index down 0.6%.

On today's market, Ajit Mishra – SVP, Research, Religare Broking noted that markets traded volatile on the weekly expiry day and ended nearly unchanged. The session began on a positive note, followed by range-bound movement in the first half; however, profit-taking in heavyweight stocks across sectors erased all the early gains.

"It appears that participants chose to book profits after the strong recent rally, especially following favorable developments such as optimism over an imminent India–US trade deal and stability on the global front. Additionally, renewed foreign institutional investor inflows, robust earnings from key sectoral leaders, and sustained festive season optimism have supported market sentiment," Mishra added.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.