BSE Sensex, Nifty Flat; US Fiscal Cliff Solution Watched
December 31, 2012 4:44 PM EST
The BSE Sensex gains 0.1 percent while the Nifty is up 0.01 percent. Market is expected to remain volatile until U.S. lawmakers reach a deal on tax-hike threshold and spending cuts, a positive outcome could drive shares in the near term.
Wipro Ltd shares gain 1.3 percent after the company said the shareholders have approved its demerger plan after a meeting on Friday.