The BSE Sensitive recovered from the inter-day low of 3,079.38 points to close at 3,108.67 points, registering a meagre gain as compared to the previous level of 3097.12. The BSE-100 index gained 4.55 points to 1378.96 from the previous level of 1374.41.

Brokers say the domestic institutions were reported to have continued with their profit booking activities for the second consecutive day which again reflected on the indices. However, figures released by the local bourses indicate that the FIs have been net buyers on the BSE to the tune of Rs 20 crores.

They add that Thursday being the last day of trading account on the Calcutta bourse, online operators haveshifted a significant portion of their positions to the BSE and NSE. The volume of business on the BSE amounted to Rs 969.64 crore.

On the National Stock Exchange (NSE), pivotals improved marginally on increased buying and closed with moderate gains. The S&P CNX Nifty opened at 903.15 and ended at 907.40, showing a further rise of 3.80 from the last close of 903.60.Shares worth Rs 1,163.57 crore were transacted. At the exchange, 426 scrips advanced while 525 fell and 98 held unchanged. 69 securities hit their price bands today.